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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Exclusion of investments in 'Mutual Funds Growth Option' while ...


Investments in Mutual Funds Growth Option Excluded from Disallowance Calculation u/s 14A and Rule 8D.

July 30, 2018

Case Laws     Income Tax     AT

Exclusion of investments in 'Mutual Funds Growth Option' while calculation the disallowance u/s 14A r.w.r. 8D - being investment yielding taxable income - AO directed to make necessary enquiries in light of computation filed by the assessee.

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