Disallowance u/s 14A - The benefit derived by the assessee by ...

Case Laws Income Tax

May 1, 2017

Disallowance u/s 14A - The benefit derived by the assessee by virtue of the investment is not dividend income but is subsidized rate of power. This subsidy is not exempt from tax. Further, if the benefit has resulted in enhanced business income/profits and has been taxed, then, no disallowance u/s 14A r.w.r. 8D can be made - AT

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Disallowance u/s 14A - The benefit derived by the assessee by ...

Case Laws Income Tax

May 1, 2017

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