https://www.taxtmi.com/caselaws?id=190443 The ITAT partially allowed the assessee's appeal regarding the disallowance under section 14A r.w. rule 8D, finding the disallowance of expenses unjustified and deleting it. However, it upheld the disallowance of the provision for insurance settlement. The ITAT dismissed the Revenue's appeal regarding non-deduction of tax on export commission payments under section 40(a)(i), modifying the disallowance amount to Rs. 40,07,215. en-us Tue, 22 Jul 2014 00:00:00 +0530 Thu, 16 Feb 2017 07:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190443 The ITAT partially allowed the assessee's appeal regarding the disallowance under section 14A r.w. rule 8D, finding the disallowance of expenses unjustified and deleting it. However, it upheld the disallowance of the provision for insurance settlement. The ITAT dismissed the Revenue's appeal regarding non-deduction of tax on export commission payments under section 40(a)(i), modifying the disallowance amount to Rs. 40,07,215. Case-Laws Income Tax Tue, 22 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190443