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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Once it is found that no expenditure was incurred in earning ...


Court Rules No Additional Expenses u/s 14A If No Initial Expenditure Incurred to Earn Income.

February 3, 2017

Case Laws     Income Tax     HC

Once it is found that no expenditure was incurred in earning this income, there would be no further expenditure in relation thereto that falls within the ambit of section 14A - HC

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