Assessing Officer's Satisfaction Crucial for Disallowance u/s 14A of Income Tax Act in Mutual Fund Cases.

Assessing Officer's Satisfaction Crucial for Disallowance u/s 14A of Income Tax Act in Mutual Fund Cases. https://www.taxtmi.com/highlights?id=45134 Disallowance u/s.14A - recording of satisfaction - detailed discussion in order regarding investment in various schemes of mutual funds and question regarding no expenditure is attributable to such activities - it is clearly discernible that the AO recorded proper satisfaction before making disallowance u/s. 14A. en-us Thu, 14 Mar 2019 09:23:55 +0530 Thu, 14 Mar 2019 09:33:32 +0530 TaxTMI RSS Generator Assessing Officer's Satisfaction Crucial for Disallowance u/s 14A of Income Tax Act in Mutual Fund Cases. https://www.taxtmi.com/highlights?id=45134 Disallowance u/s.14A - recording of satisfaction - detailed discussion in order regarding investment in various schemes of mutual funds and question regarding no expenditure is attributable to such activities - it is clearly discernible that the AO recorded proper satisfaction before making disallowance u/s. 14A. Highlights Income Tax Thu, 14 Mar 2019 09:23:55 +0530 https://www.taxtmi.com/highlights?id=45134