Tuesday, June 11, 2019

AO couldn't apply rule 8D without assigning reasons to make sec. 14A disallowance; SLP dismissed

IT: Where High Court upheld Tribunal's order holding that AO could not straightaway reject expenditure offered for disallowance under section 14A and apply rule 8D without assigning any reasons, SLP filed against said decision was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2Zd8O8G

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