https://www.taxtmi.com/caselaws?id=334573 The Tribunal directed the AO to re-examine the disallowance under section 14A of the Income Tax Act, 1961, based on the assessee's accounts to determine a reasonable disallowance towards indirect expenses for earning exempt income. The Tribunal emphasized the importance of providing necessary information for tax assessments and complying with principles of natural justice. The matter was set aside for de novo determination by the AO. en-us Thu, 08 Sep 2016 00:00:00 +0530 Wed, 16 Nov 2016 17:05:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334573 The Tribunal directed the AO to re-examine the disallowance under section 14A of the Income Tax Act, 1961, based on the assessee's accounts to determine a reasonable disallowance towards indirect expenses for earning exempt income. The Tribunal emphasized the importance of providing necessary information for tax assessments and complying with principles of natural justice. The matter was set aside for de novo determination by the AO. Case-Laws Income Tax Thu, 08 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334573