https://www.taxtmi.com/acts?id=40631 Amendment to Section 14A substitutes a notwithstanding opening in sub-section (1) and inserts an Explanation clarifying the section applies, and is deemed always to have applied, where income not forming part of total income has not accrued, arisen or been received in the previous year but related expenditure was incurred in that previous year. en-us Mon, 28 Mar 2022 13:11:32 +0530 Mon, 28 Mar 2022 13:11:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40631 Amendment to Section 14A substitutes a notwithstanding opening in sub-section (1) and inserts an Explanation clarifying the section applies, and is deemed always to have applied, where income not forming part of total income has not accrued, arisen or been received in the previous year but related expenditure was incurred in that previous year. Act-Rules F. Acts / Amendment Acts Mon, 28 Mar 2022 13:11:32 +0530 https://www.taxtmi.com/acts?id=40631