Wednesday, February 13, 2019

AO couldn't invoke rule 8D without proving that sec. 14A disallowance made by assessee was unsatisfactory

IT: Rule 8D cannot be invoked and applied unless Assessing Officer records his dissatisfaction regarding correctness of claim made by assessee in relation to expenditure incurred to earn exempt income

from www.taxmann.com Latest Case Laws http://bit.ly/2Sxs81I
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