AO Must Clearly Justify Rejection of Taxpayer's Expenditure Claims u/s 14A & Rule 8D of Income Tax Act.

AO Must Clearly Justify Rejection of Taxpayer's Expenditure Claims u/s 14A & Rule 8D of Income Tax Act. https://www.taxtmi.com/highlights?id=13159 Disallownace u/s 14A r.w.r. 8D - While rejecting the claim of the assessee with regard to expenditure or no expenditure in relation to exempted income, the AO has to indicate cogent reasons for the same - AT en-us Tue, 25 Jun 2013 20:28:45 +0530 Tue, 25 Jun 2013 20:28:45 +0530 TaxTMI RSS Generator AO Must Clearly Justify Rejection of Taxpayer's Expenditure Claims u/s 14A & Rule 8D of Income Tax Act. https://www.taxtmi.com/highlights?id=13159 Disallownace u/s 14A r.w.r. 8D - While rejecting the claim of the assessee with regard to expenditure or no expenditure in relation to exempted income, the AO has to indicate cogent reasons for the same - AT Highlights Income Tax Tue, 25 Jun 2013 20:28:45 +0530 https://www.taxtmi.com/highlights?id=13159