Sec 14A read with newly Amended Rule 8D of the Act

Arpit Kakar , Last updated: 29 November 2016  
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One of the most litigative issues in direct taxation faced by business entities pertains to disallowances made under section 14A of the Income Tax Act 1961 (IT Act) read with Rule 8D of the IT Rules. Here is the attempt from our side to simplify interpretation of Sec 14A of Income Tax Act, 1961 read

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Arpit Kakar
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Category Income Tax   Report

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