Disallowance u/s 14A - exempt income is out of investments in ...

Section 14A Inapplicable: No Separate Disallowance for Administrative Expenses on Exempt Income from Mutual Fund Investments.

July 31, 2019

Case Laws Income Tax AT

Disallowance u/s 14A - exempt income is out of investments in mutual funds - in the case of a mutual funds, administrative and managerial expenses are factored in the investments itself, hence separate disallowances towards administrative expenses is not called for

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Disallowance u/s 14A - exempt income is out of investments in ...

Section 14A Inapplicable: No Separate Disallowance for Administrative Expenses on Exempt Income from Mutual Fund Investments.

July 31, 2019

Case Laws Income Tax AT

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