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PLEASE PROVIDE ANSWER AS PER LATEST AMENDED LAW OTHERWISE SKIP THIS Question 64: Can the provisions of Section 14A of the Income tax Act, 1961

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PLEASE PROVIDE ANSWER AS PER LATEST AMENDED LAW OTHERWISE SKIP THIS

Question 64: Can the provisions of Section 14A of the Income tax Act, 1961 be applied for disallowing expenditure relating to income for which deduction is available under Chapter VI-A, or the section can be invoked only in respect of expenditure relating to income exempt under the provisions of Section 10

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