Applicability of section 14A - expenditure related to exempt ...

Section 14A and Rule 8D on exempt income expenses apply only from Assessment Year 2007 onwards.

March 17, 2018

Case Laws Income Tax SC

Applicability of section 14A - expenditure related to exempt income - Rule 8D of the Rules is prospective in nature and could not have been made applicable in respect of the Assessment Years prior to 2007 when this Rule was inserted - SC

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Applicability of section 14A - expenditure related to exempt ...

Section 14A and Rule 8D on exempt income expenses apply only from Assessment Year 2007 onwards.

March 17, 2018

Case Laws Income Tax SC

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