https://www.taxtmi.com/caselaws?id=246230 The Tribunal ruled in favor of the appellant, setting aside the disallowance of interest expenses amounting to Rs. 2,14,523/- and reducing the disallowance under section 14A to Rs. 15,000/-. The judgment highlighted the proper utilization of funds by the appellant and the incorrect application of rules by the Assessing Officer, resulting in the partial allowance of the appeal. en-us Fri, 28 Feb 2014 00:00:00 +0530 Sat, 19 Apr 2014 11:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246230 The Tribunal ruled in favor of the appellant, setting aside the disallowance of interest expenses amounting to Rs. 2,14,523/- and reducing the disallowance under section 14A to Rs. 15,000/-. The judgment highlighted the proper utilization of funds by the appellant and the incorrect application of rules by the Assessing Officer, resulting in the partial allowance of the appeal. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246230