Supreme Court Clarifies Expenditure Disallowance Under Section 14A of Income Tax Act: Maxopp Investment Ltd. vs. Commissioner of Income Tax (2018)

/ A.K. Sikri, Ashok Bhushan, Income Tax Act, 1961, Income Tax Act, 1961 with Section 10(34), Income Tax Act, 1961 with Section 14A, Income Tax Act, 1961 with Section 36(1)(iii), Judges

Supreme Court Clarifies Expenditure Disallowance Under Section 14A of Income Tax Act: Maxopp Investment Ltd. vs. Commissioner of Income Tax (2018) LEGAL ISSUE: Interpretation of Section 14A of the Income Tax Act, 1961, regarding disallowance of expenditure related to exempt income. CASE TYPE: Income Tax Law. Case Name: Maxopp Investment Ltd. vs. Commissioner of Income […]

Supreme Court Clarifies Expenditure Disallowance Under Section 14A of Income Tax Act: Maxopp Investment Ltd. vs. Commissioner of Income Tax (2018) Read Post »