Income Tax | Section 263 Revision for Section 14A Disallowance Without Exempt Income Quashed: ITAT Hyderabad
ITAT Hyderabad quashes Section 263 revision over ₹32.50 lakh Section 14A disallowance, holding that no exempt income arose and the 2022 amendment is prospective. The post Section 263 Revision for Section 14A Disallowance Without Exempt Income Quashed: ITAT Hyderabad appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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