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Income Tax - Highlights / Catch Notes

Home Highlights November 2010 Year 2010 This

Disallowance of expenses for exempted income, s14A is applicable ...


Section 14A of the Income Tax Act applies to dividends and mutual funds but is not applied retrospectively.

November 18, 2010

Case Laws     Income Tax     HC

Disallowance of expenses for exempted income, s14A is applicable for dividend and MF income but not retrospective

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