CA Terminal
One-Stop Update Destination
Wednesday, 19 February 2014
No sec. 14A disallowance as AO failed to establish nexus amongst borrowed funds and investments
IT: Where assessee's interest free funds exceeded investment made for earning exempted dividend income, disallowance under section 14A was not justified
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment