https://www.taxtmi.com/caselaws?id=190438 The Punjab High Court held that no substantial question of law arose from the Tribunal's deletion of a section 14A disallowance relating to exempt dividend income. The Tribunal had found that the tax authorities had not identified any interest or other expenditure attributable to earning the exempt income during the relevant year, and the High Court found no misreading or perversity in that factual conclusion. It also noted that the remaining proposed questions had already been treated as not giving rise to any substantial question of law. The Revenue's challenge therefore failed. en-us Tue, 26 Oct 2010 00:00:00 +0530 Wed, 15 Feb 2017 17:07:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190438 The Punjab High Court held that no substantial question of law arose from the Tribunal's deletion of a section 14A disallowance relating to exempt dividend income. The Tribunal had found that the tax authorities had not identified any interest or other expenditure attributable to earning the exempt income during the relevant year, and the High Court found no misreading or perversity in that factual conclusion. It also noted that the remaining proposed questions had already been treated as not giving rise to any substantial question of law. The Revenue's challenge therefore failed. Case-Laws Income Tax Tue, 26 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190438