Disallowance u/s 14A r.w.r. 8D - the amount of expenses ...

Section 14A Disallowance: Exclude Loss on Fixed Asset Sales & Travel Expenses from Exempt Income Expense Calculations.

January 12, 2019

Case Laws Income Tax AT

Disallowance u/s 14A r.w.r. 8D - the amount of expenses represented on account of loss on sale of fixed assets and travelling expenses cannot be linked with the expenses incurred for the purpose of earning the exempted income. - To be excluded while computing disallowance u/s 14A

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Disallowance u/s 14A r.w.r. 8D - the amount of expenses ...

Section 14A Disallowance: Exclude Loss on Fixed Asset Sales & Travel Expenses from Exempt Income Expense Calculations.

January 12, 2019

Case Laws Income Tax AT

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