https://www.taxtmi.com/caselaws?id=247341 The Tribunal partly allowed the assessee's appeal, citing precedents that no disallowance was warranted if tax had not been deducted on reimbursed expenses. The disallowance under Section 14A was restricted to Rs. 3 lacs, acknowledging that Rule 8D was not applicable for the assessment year. Disallowances for lower TDS deductions to Akassish Mechatronics Ltd. and Elecon Information Technology Ltd. were deleted, as some TDS was deducted. The disallowance for machine hire charges without TDS deduction was also deleted, as the requirement came into effect after the charges were incurred. The revenue's appeal was dismissed. en-us Tue, 29 Apr 2014 00:00:00 +0530 Fri, 09 May 2014 10:47:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247341 The Tribunal partly allowed the assessee's appeal, citing precedents that no disallowance was warranted if tax had not been deducted on reimbursed expenses. The disallowance under Section 14A was restricted to Rs. 3 lacs, acknowledging that Rule 8D was not applicable for the assessment year. Disallowances for lower TDS deductions to Akassish Mechatronics Ltd. and Elecon Information Technology Ltd. were deleted, as some TDS was deducted. The disallowance for machine hire charges without TDS deduction was also deleted, as the requirement came into effect after the charges were incurred. The revenue's appeal was dismissed. Case-Laws Income Tax Tue, 29 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247341