Section 14A: No Addition for Interest Allocated to Exempt Income per Rule 8D(2)(ii) of the Rules. https://www.taxtmi.com/highlights?id=28895 Disallowance u/s 14A - no addition can be made for interest apportioned towards exempt income, out of the interest paid, under rule 8D(2)(ii) of the Rules. - AT en-us Wed, 04 May 2016 09:14:50 +0530 Wed, 04 May 2016 09:14:50 +0530 TaxTMI RSS Generator Section 14A: No Addition for Interest Allocated to Exempt Income per Rule 8D(2)(ii) of the Rules. https://www.taxtmi.com/highlights?id=28895 Disallowance u/s 14A - no addition can be made for interest apportioned towards exempt income, out of the interest paid, under rule 8D(2)(ii) of the Rules. - AT Highlights Income Tax Wed, 04 May 2016 09:14:50 +0530 https://www.taxtmi.com/highlights?id=28895