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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Disallownace u/s 14A r.w.r. 8D - While rejecting the claim of ...


AO Must Clearly Justify Rejection of Taxpayer's Expenditure Claims u/s 14A & Rule 8D of Income Tax Act.

June 25, 2013

Case Laws     Income Tax     AT

Disallownace u/s 14A r.w.r. 8D - While rejecting the claim of the assessee with regard to expenditure or no expenditure in relation to exempted income, the AO has to indicate cogent reasons for the same - AT

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