https://www.taxtmi.com/caselaws?id=327554 The Tribunal upheld the Commissioner (Appeals)'s decisions in a tax case involving deductions under section 80IA(4) of the Income Tax Act, disallowance under section 14A, and disallowance under section 14A from book profit under section 115JB. The Tribunal ruled in favor of the assessee, allowing the deduction under section 80IA(4) as the Container Freight Station (CFS) qualified as an infrastructure facility. It also dismissed the disallowance under section 14A since no exempt income was earned, thereby rejecting the Revenue's appeal on all grounds. en-us Thu, 07 Apr 2016 00:00:00 +0530 Tue, 10 May 2016 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327554 The Tribunal upheld the Commissioner (Appeals)'s decisions in a tax case involving deductions under section 80IA(4) of the Income Tax Act, disallowance under section 14A, and disallowance under section 14A from book profit under section 115JB. The Tribunal ruled in favor of the assessee, allowing the deduction under section 80IA(4) as the Container Freight Station (CFS) qualified as an infrastructure facility. It also dismissed the disallowance under section 14A since no exempt income was earned, thereby rejecting the Revenue's appeal on all grounds. Case-Laws Income Tax Thu, 07 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327554