Judgements by sanjeev
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Section 14A-Artificial Apportionment of Expenses not allowed
sanjeev 07 May 2009 at 22:06
In the absence of any specific finding that any particular expenditure was incurred by the assessee in relation to exempted dividend income, no artificial disallowance can be made invoking section 14A of the Act.
Posted in Income Tax
| 1864
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