Monday, March 9, 2020

Sec. 14A disallowance couldn't exceed exempt income earned during the year : HC

INCOME TAX : Disallowance under section 14A cannot be made more than exempt income itself

from www.taxmann.com Latest Case Laws https://ift.tt/3aDTBDh
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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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