Begin typing your search above and press return to search.
![Relief to IDFC: ITAT Directs AO to Limit Disallowance u/s 14A to 0.5% of Exempt Income Earned Based on Rule 8D(2)(iii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Chennai-IDFC-AO-Disallowance-Taxscan.jpg "Relief to IDFC: ITAT Directs AO to Limit Disallowance u/s 14A to 0.5% of Exempt Income Earned Based on Rule 8D(2)(iii) [Read Order]")
Relief to IDFC: ITAT Directs AO to Limit Disallowance u/s 14A to 0.5% of Exempt Income Earned Based on Rule 8D(2)(iii) [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) directed the assessing officer (AO) to limit the disallowance under Section 14A to 0.5% of...
![ITAT Annual Digest 2023 [Part 2]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ANNUAL-DIGEST-ITAT-ANNUAL-DIGEST-taxscan.jpg "ITAT Annual Digest 2023 [Part 2]")
![Dividend Income Earned on Shares are Exempted u/s 10(34), No Tax Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Dividend-Income-Dividend-Income-Dividend-Income-Earned-on-Shares-Tax-Liability-Tax-ITAT-Income-Tax-taxscan-.jpg "Dividend Income Earned on Shares are Exempted u/s 10(34), No Tax Liability: ITAT [Read Order]")
![Dividend Income can’t be disallowed If it was Earned While making Strategic Investment in Subsidiary Company to Control the Interest: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Dividend-Distribution-Tax.jpg "Dividend Income can’t be disallowed If it was Earned While making Strategic Investment in Subsidiary Company to Control the Interest: ITAT [Read Order]")