https://www.taxtmi.com/caselaws?id=330672 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee, allowing the appeal and deleting the disallowance under section 14A of the Income Tax Act. The ITAT upheld the Commissioner of Income Tax (Appeals) decision to delete the addition made under section 36(1)(iii) of the Act. The judgments of the Bombay High Court and Delhi High Court were instrumental in these outcomes. en-us Fri, 29 Jul 2016 00:00:00 +0530 Tue, 02 Aug 2016 13:44:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330672 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee, allowing the appeal and deleting the disallowance under section 14A of the Income Tax Act. The ITAT upheld the Commissioner of Income Tax (Appeals) decision to delete the addition made under section 36(1)(iii) of the Act. The judgments of the Bombay High Court and Delhi High Court were instrumental in these outcomes. Case-Laws Income Tax Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330672