https://www.taxtmi.com/caselaws?id=176979 The ITAT partially allowed the appeal, directing the AO to restrict disallowance under section 14A to actual dividend income received. The membership fee was treated as capital expenditure but allowed for depreciation. The ITAT upheld the credit of TDS as directed by the Ld. CIT(A). The appeal was partly allowed for statistical purposes, aligning with legal precedents and provisions. en-us Wed, 28 Jan 2015 00:00:00 +0530 Fri, 01 Jan 2016 10:51:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176979 The ITAT partially allowed the appeal, directing the AO to restrict disallowance under section 14A to actual dividend income received. The membership fee was treated as capital expenditure but allowed for depreciation. The ITAT upheld the credit of TDS as directed by the Ld. CIT(A). The appeal was partly allowed for statistical purposes, aligning with legal precedents and provisions. Case-Laws Income Tax Wed, 28 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176979