https://www.taxtmi.com/caselaws?id=330327 The High Court upheld the Tribunal's decision to delete the addition made by the Assessing Officer under Section 14A of the Income Tax Act. The Court ruled that where no exempt income is claimed, no disallowance can be made under Section 14A. The decision was based on established legal precedents and previous judgments on similar issues, leading to the dismissal of the Revenue's appeal as no question of law arose for consideration. en-us Mon, 11 Jul 2016 00:00:00 +0530 Fri, 22 Jul 2016 14:53:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330327 The High Court upheld the Tribunal's decision to delete the addition made by the Assessing Officer under Section 14A of the Income Tax Act. The Court ruled that where no exempt income is claimed, no disallowance can be made under Section 14A. The decision was based on established legal precedents and previous judgments on similar issues, leading to the dismissal of the Revenue's appeal as no question of law arose for consideration. Case-Laws Income Tax Mon, 11 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330327