https://www.taxtmi.com/caselaws?id=239648 The Tribunal upheld the disallowance under Section 14A of the Income Tax Act, regarding expenditure related to earning exempt dividend income. It also supported the deletion of the disallowance of bad debts claimed under Section 36(1)(vii). However, the addition under Section 41(4A) of Rs. 53.96 crores to the assessee's income was reversed by the Tribunal, directing its deletion. The revenue's appeal was dismissed, and the assessee's appeal was partly allowed. en-us Wed, 06 Nov 2013 00:00:00 +0530 Mon, 30 Mar 2015 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239648 The Tribunal upheld the disallowance under Section 14A of the Income Tax Act, regarding expenditure related to earning exempt dividend income. It also supported the deletion of the disallowance of bad debts claimed under Section 36(1)(vii). However, the addition under Section 41(4A) of Rs. 53.96 crores to the assessee's income was reversed by the Tribunal, directing its deletion. The revenue's appeal was dismissed, and the assessee's appeal was partly allowed. Case-Laws Income Tax Wed, 06 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239648