Disallowance under Sec 14A in absence of any exempt income during an assessment year

Last updated: 02 February 2022


Clarification in respect of disallowance under section 14A in absence of any exempt income during an assessment year 1. Section 14A of the Act provides that no deduction shall be allowed in respect of expenditure incurred by the assessee in relation to income that does not form part of the total

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