https://www.taxtmi.com/caselaws?id=119834 The Tribunal partially allowed the appeal. It upheld the disallowance of interest related to exempt dividend income under section 14A of the Income-tax Act but remanded the case to the AO to quantify interest on investments in foreign companies. The Tribunal overturned the ad hoc disallowance of administrative expenses, directing no disallowance for these expenses. en-us Tue, 31 Oct 2006 00:00:00 +0530 Mon, 04 Mar 2024 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119834 The Tribunal partially allowed the appeal. It upheld the disallowance of interest related to exempt dividend income under section 14A of the Income-tax Act but remanded the case to the AO to quantify interest on investments in foreign companies. The Tribunal overturned the ad hoc disallowance of administrative expenses, directing no disallowance for these expenses. Case-Laws Income Tax Tue, 31 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119834