https://www.taxtmi.com/highlights?id=27162 Disallowance u/s 14A - The claim of the assessee was that no expenditure was incurred for earning exempt income, but once the AO had recorded his satisfaction in terms of sub-section (2), then the disallowance can be made as per Rule 8D(2)(iii) - AT en-us Tue, 02 Feb 2016 11:15:31 +0530 Tue, 02 Feb 2016 11:15:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27162 Disallowance u/s 14A - The claim of the assessee was that no expenditure was incurred for earning exempt income, but once the AO had recorded his satisfaction in terms of sub-section (2), then the disallowance can be made as per Rule 8D(2)(iii) - AT Highlights Income Tax Tue, 02 Feb 2016 11:15:31 +0530 https://www.taxtmi.com/highlights?id=27162