https://www.taxtmi.com/caselaws?id=269379 The appeal filed by the assessee was allowed in part. The Tribunal directed the Assessing Officer to recompute the disallowance under section 14A, excluding mutual fund investments, and to exclude the disallowance amount from book profits under section 115JB. Additionally, the Tribunal upheld the arm's length nature of the guarantee commission and interest on loans provided to Associated Enterprises. en-us Thu, 25 Sep 2014 00:00:00 +0530 Tue, 24 Feb 2026 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269379 The appeal filed by the assessee was allowed in part. The Tribunal directed the Assessing Officer to recompute the disallowance under section 14A, excluding mutual fund investments, and to exclude the disallowance amount from book profits under section 115JB. Additionally, the Tribunal upheld the arm's length nature of the guarantee commission and interest on loans provided to Associated Enterprises. Case-Laws Income Tax Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269379