Disallowance u/s 14A read with Rule 8D - the AO has not computed ...

Court Upholds Disallowance u/s 14A, Affirms AO's Computation Only u/r 8D(2)(iii) for Tax Expenditure.

August 21, 2023

Case Laws Income Tax AT

Disallowance u/s 14A read with Rule 8D - the AO has not computed any disallowance under Rule 8D(2)(i) and Rule 8D(2)(ii) of the Rules and only under Rule 8D(2)(iii) of the Rules expenditure in relation to income which does not form part of the total income was computed in the present case. - no infirmity in the impugned order upholding the disallowance under section 14A read with Rule 8D(2)(iii). - AT

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Disallowance u/s 14A read with Rule 8D - the AO has not computed ...

Court Upholds Disallowance u/s 14A, Affirms AO's Computation Only u/r 8D(2)(iii) for Tax Expenditure.

August 21, 2023

Case Laws Income Tax AT

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