https://www.taxtmi.com/caselaws?id=331380 The Tribunal ruled in favor of the appellant, directing the deletion of the disallowance u/s 14A made by the Assessing Officer for assessment years 2007-08 & 2008-09. The Tribunal emphasized the necessity of incriminating material for additions under section 153A, deeming the disallowance unjustified as no such material was found. Relying on legal precedents, the Tribunal concluded that the disallowance was unlawful and beyond the scope of assessment under section 153A, ultimately allowing the appeals and ordering the removal of the disallowance for both years. en-us Fri, 19 Aug 2016 00:00:00 +0530 Mon, 22 Aug 2016 12:28:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331380 The Tribunal ruled in favor of the appellant, directing the deletion of the disallowance u/s 14A made by the Assessing Officer for assessment years 2007-08 & 2008-09. The Tribunal emphasized the necessity of incriminating material for additions under section 153A, deeming the disallowance unjustified as no such material was found. Relying on legal precedents, the Tribunal concluded that the disallowance was unlawful and beyond the scope of assessment under section 153A, ultimately allowing the appeals and ordering the removal of the disallowance for both years. Case-Laws Income Tax Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331380