TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Deductibility rule: expenditure related to exempt income disallowed; assessing officer may determine disallowance by prescribed method.</h1> Section 14A prohibits deductions for expenditure incurred in relation to income not forming part of total taxable income; the Assessing Officer may determine the attributable expenditure by a prescribed method if not satisfied with the assessee's claim, and the provision applies even where the exempt income has not accrued, arisen or been received in the relevant previous year but related expenditure was incurred.
TaxTMI 
TaxTMI 
