Disallowance u/s 14A - the investment was purely of business ...

Section 14A Disallowance Inapplicable: Investment Made Solely for Business in Loss-Making Company, No Dividend Income Expected.

November 1, 2013

Case Laws Income Tax AT

Disallowance u/s 14A - the investment was purely of business nature as the company in which the amount was invested was a loss making company and there was no question of earning any dividend income from such investment - no disallowance u/s 14A - AT

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Disallowance u/s 14A - the investment was purely of business ...

Section 14A Disallowance Inapplicable: Investment Made Solely for Business in Loss-Making Company, No Dividend Income Expected.

November 1, 2013

Case Laws Income Tax AT

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