https://www.taxtmi.com/caselaws?id=252962 The appeal was partly allowed for statistical purposes, with directions for fresh consideration of the disallowance under Section 14A, speculation loss, and bad debts by the Assessing Officer. The judgment emphasizes the importance of correctly applying the provisions of the Income Tax Act and ensuring proper verification of facts before making disallowances. en-us Thu, 28 Aug 2014 00:00:00 +0530 Mon, 10 Nov 2014 06:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252962 The appeal was partly allowed for statistical purposes, with directions for fresh consideration of the disallowance under Section 14A, speculation loss, and bad debts by the Assessing Officer. The judgment emphasizes the importance of correctly applying the provisions of the Income Tax Act and ensuring proper verification of facts before making disallowances. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252962