Disallowance u/s 14A - expenses towards exempted income - AO ...

AO Cannot Directly Apply Rule 8D(2)(iii) for Disallowance u/s 14A on Exempt Income Expenses.

May 5, 2018

Case Laws Income Tax AT

Disallowance u/s 14A - expenses towards exempted income - AO could not have straightaway resorted to Rule 8D(2)(iii) of the Rules in order to compute the disallowance u/s 14A - AT

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Disallowance u/s 14A - expenses towards exempted income - AO ...

AO Cannot Directly Apply Rule 8D(2)(iii) for Disallowance u/s 14A on Exempt Income Expenses.

May 5, 2018

Case Laws Income Tax AT

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