https://www.taxtmi.com/caselaws?id=189203 The Tribunal upheld the disallowance of interest paid on term loans for investment in subsidiary shares and interest attributable to capital work-in-progress for assessment years 2006-07 to 2010-11. However, the disallowance under section 14A for assessment years 2009-10 and 2010-11 was directed to be deleted as no exempt income was received. General grounds raised by the assessee were dismissed as infructuous. en-us Tue, 17 May 2016 00:00:00 +0530 Sat, 31 Dec 2016 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189203 The Tribunal upheld the disallowance of interest paid on term loans for investment in subsidiary shares and interest attributable to capital work-in-progress for assessment years 2006-07 to 2010-11. However, the disallowance under section 14A for assessment years 2009-10 and 2010-11 was directed to be deleted as no exempt income was received. General grounds raised by the assessee were dismissed as infructuous. Case-Laws Income Tax Tue, 17 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189203