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Income Tax - Highlights / Catch Notes

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Disallowance u/s 14A - assessee has suo moto disallowed sum u/s. ...

Income Tax

August 9, 2013

Disallowance u/s 14A - assessee has suo moto disallowed sum u/s. 14A - AO, without giving a finding as to how much administrative expenditure have been incurred to earn the exempt income, had made disallowance - Action of AO is not correct - HC

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