An unlikely trio that has captivated retail investors
From a state-owned power company to a penny stock and a Maharatna enterprise, a surprising bunch of stocks attracted retail ...
Tax Guru8m
No Disallowance under Rule 8D if interest-free funds were adequate to cover investments
The AO, however, disallowed a portion of the interest expenditure under Rule 8D (2) (ii) of the Income Tax Rules, 1962, stating that the company had incurred interest expenses of Rs. 26,27,659. The AO ...