Godrej & Boyce Mfg. Co. Ltd. v. DCIT, Range10(2), Mumbai

234 CTR 1High Court2010#1162 most cited

What is Godrej & Boyce Mfg. Co. Ltd. v. DCIT, Range10(2), Mumbai authority for?

Expenditure incurred by an assessee in relation to income not forming part of the total income is not deductible under Section 14A(1). The disallowance must be restricted to direct and indirect expenses having an approximate connection with the earning of such exempt income, and Rule 8D applies from Assessment Year 2008-09.

97

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2015 to 2025.

Also referred to as

Godrej & Boyce Mfg. Co. Ltd. · Section 14A · Rule 8D · disallowance of expenditure · exempt income · expenses related to exempt income · approximate connection · applicability of Rule 8D · Section 14A(1) · Bombay High Court

Issues it is cited on

Judgments citing Godrej & Boyce Mfg. Co. Ltd. v. DCIT, Range10(2), Mumbai

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