Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2018 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (10) TMI 1041 - HC - Income TaxDisallowance u/s 14A r.w.r 8D - Expenses incurred on earning exempt income or not - Held that:- Tribunal has correctly assessed the materials on record and found that no interest bearing funds were diverted for making tax free income. He pointed out that all the investments were of the past years and no fresh investments during the current year were made. See MAXOPP INVESTMENT LTD. VERSUS COMMISSIONER OF INCOME TAX, NEW DELHI AND PRINCIPAL COMMISSIONER OF INCOME TAX-I VS. D.B. CORP LTD. [2018 (3) TMI 805 - SUPREME COURT OF INDIA]
|