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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Addition u/s 14A - Expenses incurred for earning dividend income ...

Income Tax

March 20, 2019

Addition u/s 14A - Expenses incurred for earning dividend income - assessee itself suo moto made the disallowance - recording proper satisfaction - The onus was on AO to reject the assessee’s computations and record a finding, having regard to accounts of the assessee, as to how those computations were not satisfactory - addition deleted

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