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![Sec 14A and Rule 8D does not attract in case of Investment made in Subsidiary Companies: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Sec 14A and Rule 8D does not attract in case of Investment made in Subsidiary Companies: ITAT Mumbai [Read Order]")
Sec 14A and Rule 8D does not attract in case of Investment made in Subsidiary Companies: ITAT Mumbai [Read Order]
The ITAT, Mumbai bench, in the case ACIT v. ITD Cementation India Ltd, held that Section 14A of the Income Tax Act read with Rule 8D of the Income Tax...