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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Disallowance u/s. 14A read with rule 8D - shares in different ...


Section 14A Disallowance: Rule 8D Applies to Shares Held as Stock-in-Trade, Not Just Investments.

September 9, 2015

Case Laws     Income Tax     AT

Disallowance u/s. 14A read with rule 8D - shares in different companies, are held by the assessee as stock-in-trade, and not as investment - Rule 8D shall apply qua the shares held as stock-in-trade - AT

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