Where assesse made specific expenditure for exempt income and disallowed the same under R8D(iii) but AO following the general formula. Matter remended to AO to determine the expenditure incurred following Bombay High Court in Godrej & Boyce Mfg. 328 ITR 81- Microlabs Ltd [2015] 62 taxmann.com 60 (Bangalore - Trib.) MARCH 5, 2015
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