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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

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

Case Laws     Income Tax

January 12, 2019

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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