Section 14A Disallowance Upheld: AO Properly Applied Rule 8D(2)(iii) for Investment-Related Administrative Costs.

Section 14A Disallowance Upheld: AO Properly Applied Rule 8D(2)(iii) for Investment-Related Administrative Costs. https://www.taxtmi.com/highlights?id=25849 Disallowance u/s. 14A - There will definitely be an expenditure incurred towards administrative and management cost etc. towards planning, executing and maintaining these investments - AO has rightly invoked the provisions of section 14A read with Rule 8D(2)(iii) - AT en-us Tue, 10 Nov 2015 12:44:00 +0530 Tue, 10 Nov 2015 12:44:00 +0530 TaxTMI RSS Generator Section 14A Disallowance Upheld: AO Properly Applied Rule 8D(2)(iii) for Investment-Related Administrative Costs. https://www.taxtmi.com/highlights?id=25849 Disallowance u/s. 14A - There will definitely be an expenditure incurred towards administrative and management cost etc. towards planning, executing and maintaining these investments - AO has rightly invoked the provisions of section 14A read with Rule 8D(2)(iii) - AT Highlights Income Tax Tue, 10 Nov 2015 12:44:00 +0530 https://www.taxtmi.com/highlights?id=25849