Home › Income-Tax Act › BCL Secure Premises Pvt. Ltd. v. ACIT (2022)93 ITR 267 (Delhi)(Trib) ITO v. MVL Credit Holdings And Leasing Ltd. (2022) 93 ITR 533 (Delhi)(Trib.)

BCL Secure Premises Pvt. Ltd. v. ACIT (2022)93 ITR 267 (Delhi)(Trib) ITO v. MVL Credit Holdings And Leasing Ltd. (2022) 93 ITR 533 (Delhi)(Trib.)

S. 14A : Disallowance of expenditure-Exempt income-Disallowance cannot exceed exempt income. [R. 8D]

Held that  the disallowance under section 14A could not exceed the exempt income. (AY.2015-16)