TMI BlogSection 14A: Only Expenses Tied to Exempt Income Disallowed, Business Expenses Remain Untouched Under Income Tax Act.Disallowance u/s 14A - The expenditure incurred exclusively for business activity cannot be included in such attributable expenses for the purpose of disallowance u/s.14A - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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