No Disallowance u/s 14A with Rule 8D if No Expenditure Incurred for Dividend Income.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Disallowance u/s 14A r.w.r. 8D - When no expenditure is incurred by the assessee in earning the dividend income, no notional expenditure could be deducted from the said income, thus no disallowance u/s 14A was called for - AT....




TaxTMI
TaxTMI