TMI BlogSection 14A: 0.5% of Assets as Reasonable Estimate for Administrative Expenses on Exempt Dividend Income.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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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