https://www.taxtmi.com/caselaws?id=221719 The Tribunal partly allowed the appeal by the assessee, addressing issues related to the application of Section 14A for disallowance of expenses in earning dividend income, interpretation of Section 40(a)(ia) for payment without TDS deduction, and applicability of Section 115JB on profit calculation after disallowance. The Tribunal set aside the disallowance under Section 14A for fresh consideration, deleted the disallowance under Section 40(a)(ia) due to the nature of the payment, and upheld the addition of disallowance under Section 14A to book profits for Section 115JB calculation, subject to further consideration by the AO. en-us Fri, 27 Jan 2012 00:00:00 +0530 Tue, 26 Mar 2013 09:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221719 The Tribunal partly allowed the appeal by the assessee, addressing issues related to the application of Section 14A for disallowance of expenses in earning dividend income, interpretation of Section 40(a)(ia) for payment without TDS deduction, and applicability of Section 115JB on profit calculation after disallowance. The Tribunal set aside the disallowance under Section 14A for fresh consideration, deleted the disallowance under Section 40(a)(ia) due to the nature of the payment, and upheld the addition of disallowance under Section 14A to book profits for Section 115JB calculation, subject to further consideration by the AO. Case-Laws Income Tax Fri, 27 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221719