https://www.taxtmi.com/caselaws?id=251520 The court upheld the decision to remand the matter for calculating disallowance under section 14A, citing a previous High Court order on a similar issue. The court also affirmed the allowance of expenditure under section 36(1)(iii) related to an interest-free advance, finding the Tribunal's decision consistent with factual evidence and previous rulings. The appeal was dismissed as the Tribunal's order was deemed valid without legal errors, and no costs were awarded. en-us Wed, 13 Aug 2014 00:00:00 +0530 Wed, 17 Sep 2014 15:35:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251520 The court upheld the decision to remand the matter for calculating disallowance under section 14A, citing a previous High Court order on a similar issue. The court also affirmed the allowance of expenditure under section 36(1)(iii) related to an interest-free advance, finding the Tribunal's decision consistent with factual evidence and previous rulings. The appeal was dismissed as the Tribunal's order was deemed valid without legal errors, and no costs were awarded. Case-Laws Income Tax Wed, 13 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251520