Search Results For: A.S. Narayanamoorthy


Geojit Investment Services Ltd vs. ACIT (ITAT Cochin)

COURT:
CORAM: ,
SECTION(S): ,
GENRE:
CATCH WORDS:
COUNSEL:
DATE: August 28, 2014 (Date of pronouncement)
DATE: October 15, 2014 (Date of publication)
AY: 2008-09
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CITATION:
S. 14A: In applying Rule 8D(2)(ii) interest expenses directly attributable to tax exempt income as also directly attributable to taxable income, are required to be excluded from computation of common interest expenses to be allocated.

(1) S. 14 A (2) requires the AO to determine the amount of expenditure incurred in relation to such income which does not form part of the total income under this Act in accordance with such method as may be

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