Disallowance u/s 14A - no dividend income has been received ...
Case Laws Income Tax
June 30, 2016
Disallowance u/s 14A - no dividend income has been received during the year under assessment nor it has borrowed any funds to invest in the share to earn the dividend income, the question of making disallowance by invoking provisions u/s 14A read with Rule 8D does not arise - AT
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