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![S. 14A has relevance in the Absence of Exempted Income: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "S. 14A has relevance in the Absence of Exempted Income: ITAT Hyderabad [Read Order]")
S. 14A has relevance in the Absence of Exempted Income: ITAT Hyderabad [Read Order]
In DCIT v. M/s Maheswari Mega Ventures Ltd, the division bench of the ITAT Hyderabad ruled that section 14A of the Income Tax Act cannot be invoked in...