https://www.taxtmi.com/caselaws?id=266613 The Appellate Tribunal ITAT Chennai upheld the Commissioner of Income Tax (Appeals)'s decision to delete the interest component of the disallowance made under section 14A of the Act. The Tribunal also confirmed the partial disallowance of expenses related to earning exempt income. The Tribunal found no valid reason to interfere with the Commissioner's findings and dismissed both the Revenue's appeal and the assessee's cross objection. en-us Wed, 19 Aug 2015 00:00:00 +0530 Wed, 30 Sep 2015 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266613 The Appellate Tribunal ITAT Chennai upheld the Commissioner of Income Tax (Appeals)'s decision to delete the interest component of the disallowance made under section 14A of the Act. The Tribunal also confirmed the partial disallowance of expenses related to earning exempt income. The Tribunal found no valid reason to interfere with the Commissioner's findings and dismissed both the Revenue's appeal and the assessee's cross objection. Case-Laws Income Tax Wed, 19 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266613