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Income Tax - Highlights / Catch Notes

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Disallowance u/s 14A by invoking Rule-8D - disallowance cannot ...


Section 14A Disallowance via Rule 8D Inapplicable if Sufficient Interest-Free Funds Exist.

July 16, 2012

Case Laws     Income Tax     AT

Disallowance u/s 14A by invoking Rule-8D - disallowance cannot be made in case where the assessee is having sufficient interest free funds - AT

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