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Section 14A Disallowance: Rs. 10 Lakh Expenditure Linked to Tax-Free Dividend Income.
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....Disallowance u/s 14A earning tax free dividend income - it cannot be said that no expenditure has been incurred by the assessee for earning the tax free income - disallowance of ₹ 10 lakhs on adhoc basis ordered - AT....
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TaxTMI