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Income Tax - Highlights / Catch Notes

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Disallowance under Section 14A - it is mandatory for the AO to ...

Income Tax

July 9, 2015

Disallowance under Section 14A - it is mandatory for the AO to adopt the method prescribed in Rule 8D(2) - CIT(Appeals) is not justified in accepting the ad hoc expenditure on estimation of 10% of the income - AT

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