https://www.taxtmi.com/caselaws?id=177318 The Appellate Tribunal ITAT Chandigarh partially allowed the appeal, directing the Assessing Officer to exclude disallowance under Section 14A when computing book profits under Section 115JB of the Income Tax Act for assessment year 2008-09. The Tribunal held that disallowance under Section 14A should not be added back for book profit computation. The appeal focused on tax disallowance issues, with the Tribunal ruling in favor of the assessee on this specific matter. en-us Wed, 10 Sep 2014 00:00:00 +0530 Thu, 07 Jan 2016 10:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177318 The Appellate Tribunal ITAT Chandigarh partially allowed the appeal, directing the Assessing Officer to exclude disallowance under Section 14A when computing book profits under Section 115JB of the Income Tax Act for assessment year 2008-09. The Tribunal held that disallowance under Section 14A should not be added back for book profit computation. The appeal focused on tax disallowance issues, with the Tribunal ruling in favor of the assessee on this specific matter. Case-Laws Income Tax Wed, 10 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177318