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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Addition u/s 14A - exempt dividend income - the estimation of ...


Section 14A: 0.5% of Assets as Reasonable Estimate for Administrative Expenses on Exempt Dividend Income.

February 14, 2020

Case Laws     Income Tax     AT

Addition u/s 14A - exempt dividend income - the estimation of 0.5% of assets which yielded exempted income during the year would be a most reasonable estimate for identifying the administrative expenditure for earning the exempt income

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