https://www.taxtmi.com/caselaws?id=335409 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal. The disallowance under Section 14A was restricted to Rs. 26.64 lakhs for interest expenditure and Rs. 14,79,411 for administrative expenses. The addition on account of the provision for wealth tax was deleted, following the jurisdictional High Court's decision. en-us Wed, 23 Nov 2016 00:00:00 +0530 Wed, 30 Nov 2016 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335409 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal. The disallowance under Section 14A was restricted to Rs. 26.64 lakhs for interest expenditure and Rs. 14,79,411 for administrative expenses. The addition on account of the provision for wealth tax was deleted, following the jurisdictional High Court's decision. Case-Laws Income Tax Wed, 23 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335409