Disallowance under S.14A read with Rule 8D - expenditure ...

Expenditure Disallowance u/s 14A and Rule 8D: Cannot Be Capitalized After Being Disallowed for Exempt Income.

October 22, 2015

Case Laws Income Tax AT

Disallowance under S.14A read with Rule 8D - expenditure incurred towards earning of exempt income - once the expenditure claimed is disallowed, the same cannot be capitalized by the assessee. - AT

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Disallowance under S.14A read with Rule 8D - expenditure ...

Expenditure Disallowance u/s 14A and Rule 8D: Cannot Be Capitalized After Being Disallowed for Exempt Income.

October 22, 2015

Case Laws Income Tax AT

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