Disallowance under section 14A read with rule 8D - no expenses ...

Income Tax

June 3, 2020

Disallowance under section 14A read with rule 8D - no expenses were incurred toward earning of dividend income shares of Dabur India Ltd, which was a strategic investment - contention of the assessee that, investment made for acquiring controlling interest in Dabur India Ltd should not be subject to disallowance under section 14A is rejected.

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Disallowance under section 14A read with rule 8D - no expenses ...

Income Tax

June 3, 2020

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