https://www.taxtmi.com/highlights?id=38618 Addition u/s 14A - expenses towards exempted income - Disallowance had to be made only on an estimated basis with regard to the expenditure incurred for the purpose of earning tax free income. - AO directed to disallow 1% of exempt income - AT en-us Tue, 27 Mar 2018 09:22:13 +0530 Tue, 27 Mar 2018 09:22:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38618 Addition u/s 14A - expenses towards exempted income - Disallowance had to be made only on an estimated basis with regard to the expenditure incurred for the purpose of earning tax free income. - AO directed to disallow 1% of exempt income - AT Highlights Income Tax Tue, 27 Mar 2018 09:22:13 +0530 https://www.taxtmi.com/highlights?id=38618