[aaykarbhavan] Rule 8D rightly invoked as assessee didn’t discharge its onus to prove that no exp. was incurred on exempt income

 

Rule 8D rightly invoked as assessee didn't discharge its onus to prove that no exp. was incurred on exempt income

November 17, 2014[2014] 50 taxmann.com 143 (Mumbai - Trib.)/[2014] 31 ITR(T) 410 (Mumbai - Trib.)

IT : Where assessee had not discharged initial onus under section 14A, revenue was justified in applying rule 8D

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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