https://www.taxtmi.com/caselaws?id=170297 The Appellate Tribunal ITAT KOLKATA partially allowed the appeal of the assessee, modifying the disallowance amount in relation to expenses incurred to earn exempt income u/s. 14A for the assessment year 2007-08. The Tribunal determined the expenses related to dividend income at Rs. 22,504/-, adjusting the disallowance from Rs. 3,00,209/- to Rs. 22,504/- based on the lack of evidence provided by the assessee regarding expenditure incurred to earn the dividend income. en-us Wed, 29 Sep 2010 00:00:00 +0530 Fri, 22 May 2015 10:31:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170297 The Appellate Tribunal ITAT KOLKATA partially allowed the appeal of the assessee, modifying the disallowance amount in relation to expenses incurred to earn exempt income u/s. 14A for the assessment year 2007-08. The Tribunal determined the expenses related to dividend income at Rs. 22,504/-, adjusting the disallowance from Rs. 3,00,209/- to Rs. 22,504/- based on the lack of evidence provided by the assessee regarding expenditure incurred to earn the dividend income. Case-Laws Income Tax Wed, 29 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170297