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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Disallowance u/s 14A - correctness of the claim - no ...


Disallowance u/s 14A Cannot Exceed Exempt Income, Ensures Proportionality with Actual Taxpayer Income.

September 28, 2016

Case Laws     Income Tax     AT

Disallowance u/s 14A - correctness of the claim - no disallowance can be made by the Assessing Officer more than the exempt income - AT

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