No section 14A disallowance when assessee had not shown any exempt income
Where assessee had not shown any income under head ‘exempt income’ for which it claimed expenditure, disallowance under section 14A was not justified IN THE ITAT MUMBAI BENCH ‘E’ SM Energy Teknik and Electronics Ltd. v. Deputy Commissioner of Income-tax JOGINDER SINGH, JUDICIAL MEMBER AND RAJENDRA, ACCOUNTANT MEMBER IT APPEAL NOS. 1859 & 1495 (MUM.)… Read More »