https://www.taxtmi.com/caselaws?id=239301 The Tribunal confirmed the deletion of the addition by the Assessing Officer under Section 47(xiv), ruling in favor of the assessee. However, the Tribunal upheld the disallowance under Section 14A r/w Rule 8D, as the assessee did not adequately prove the absence of expenses related to exempt income. The Revenue's appeal was partly allowed, and the Cross Objection by the assessee was dismissed. en-us Fri, 26 Apr 2013 00:00:00 +0530 Sun, 10 Nov 2013 09:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239301 The Tribunal confirmed the deletion of the addition by the Assessing Officer under Section 47(xiv), ruling in favor of the assessee. However, the Tribunal upheld the disallowance under Section 14A r/w Rule 8D, as the assessee did not adequately prove the absence of expenses related to exempt income. The Revenue's appeal was partly allowed, and the Cross Objection by the assessee was dismissed. Case-Laws Income Tax Fri, 26 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239301