https://www.taxtmi.com/caselaws?id=236544 The duplicate appeal filed by the assessee was dismissed. The Revenue's appeal on various grounds, including environmental monitoring expenses, replacement of meters, head office expenses allocation, market price of power, deduction extent under section 80IA, and applicability of section 115JB, was also dismissed. The assessee's appeal on disallowance under section 14A r/w rule 8D was upheld, resulting in a net addition of Rs. 65,58,58,204. The Tribunal upheld the disallowance, citing precedent that disallowance under section 14A can be made even if no exempt income is earned. Both appeals were dismissed on 19th July 2013. en-us Fri, 19 Jul 2013 00:00:00 +0530 Sat, 31 Aug 2013 08:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236544 The duplicate appeal filed by the assessee was dismissed. The Revenue's appeal on various grounds, including environmental monitoring expenses, replacement of meters, head office expenses allocation, market price of power, deduction extent under section 80IA, and applicability of section 115JB, was also dismissed. The assessee's appeal on disallowance under section 14A r/w rule 8D was upheld, resulting in a net addition of Rs. 65,58,58,204. The Tribunal upheld the disallowance, citing precedent that disallowance under section 14A can be made even if no exempt income is earned. Both appeals were dismissed on 19th July 2013. Case-Laws Income Tax Fri, 19 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236544