Bank guarantee commission is not an interest expense; no disallowance u/s 14A and Rule 8D(2)(ii) of IT Act.

Bank guarantee commission is not an interest expense; no disallowance u/s 14A and Rule 8D(2)(ii) of IT Act. https://www.taxtmi.com/highlights?id=35100 Bank guarantee commission paid by the assessee is not in the nature of interest expenditure warranting disallowance u/s 14A r.w.r 8D(2)(ii). - AT en-us Fri, 02 Jun 2017 07:13:58 +0530 Fri, 02 Jun 2017 07:13:58 +0530 TaxTMI RSS Generator Bank guarantee commission is not an interest expense; no disallowance u/s 14A and Rule 8D(2)(ii) of IT Act. https://www.taxtmi.com/highlights?id=35100 Bank guarantee commission paid by the assessee is not in the nature of interest expenditure warranting disallowance u/s 14A r.w.r 8D(2)(ii). - AT Highlights Income Tax Fri, 02 Jun 2017 07:13:58 +0530 https://www.taxtmi.com/highlights?id=35100