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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Disallowance u/s 14A - without establishing any nexus between ...


Section 14A Disallowance Needs Proven Link Between Expenses and Investments; Rule 8D Not Applicable Without Clear Nexus.

March 5, 2016

Case Laws     Income Tax     AT

Disallowance u/s 14A - without establishing any nexus between the expenditure incurred and investment, Rule 8D cannot be invoked - AT

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