Section 14A: 0.5% of Assets as Reasonable Estimate for Administrative Expenses on Exempt Dividend Income.

Section 14A: 0.5% of Assets as Reasonable Estimate for Administrative Expenses on Exempt Dividend Income. https://www.taxtmi.com/highlights?id=51775 Addition u/s 14A - exempt dividend income - the estimation of 0.5% of assets which yielded exempted income during the year would be a most reasonable estimate for identifying the administrative expenditure for earning the exempt income en-us Fri, 14 Feb 2020 09:50:07 +0530 Fri, 14 Feb 2020 09:50:07 +0530 TaxTMI RSS Generator Section 14A: 0.5% of Assets as Reasonable Estimate for Administrative Expenses on Exempt Dividend Income. https://www.taxtmi.com/highlights?id=51775 Addition u/s 14A - exempt dividend income - the estimation of 0.5% of assets which yielded exempted income during the year would be a most reasonable estimate for identifying the administrative expenditure for earning the exempt income Highlights Income Tax Fri, 14 Feb 2020 09:50:07 +0530 https://www.taxtmi.com/highlights?id=51775