https://www.taxtmi.com/caselaws?id=257121 The Tribunal partially allowed the appeal, sustaining a disallowance of Rs. 1,23,503 under section 14A of the Act related to dividend income, while allowing Rs. 8,22,725 due to interest-free funds. The disallowance of prior period expenses amounting to Rs. 42,000 was deleted as it was rightly allowable. Regarding legal expenses, Rs. 7,500 for seeking bail was disallowed, but Rs. 3,000 for certification charges was allowed. The Tribunal's decision was based on legal precedent and detailed analysis of the issues raised in the appeal. en-us Wed, 07 Jan 2015 00:00:00 +0530 Tue, 19 May 2015 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257121 The Tribunal partially allowed the appeal, sustaining a disallowance of Rs. 1,23,503 under section 14A of the Act related to dividend income, while allowing Rs. 8,22,725 due to interest-free funds. The disallowance of prior period expenses amounting to Rs. 42,000 was deleted as it was rightly allowable. Regarding legal expenses, Rs. 7,500 for seeking bail was disallowed, but Rs. 3,000 for certification charges was allowed. The Tribunal's decision was based on legal precedent and detailed analysis of the issues raised in the appeal. Case-Laws Income Tax Wed, 07 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257121