https://www.taxtmi.com/caselaws?id=190986 The Appellate Tribunal allowed the Assessee's appeal, ruling that no disallowance should be made under section 14A of the Income Tax Act as no exempt income was claimed during the relevant year. The Tribunal relied on various judicial interpretations and precedents, ultimately deciding in favor of the Assessee, contrary to the AO's disallowance of administrative expenses and finance charges. en-us Mon, 08 Sep 2014 00:00:00 +0530 Thu, 16 Mar 2017 10:10:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190986 The Appellate Tribunal allowed the Assessee's appeal, ruling that no disallowance should be made under section 14A of the Income Tax Act as no exempt income was claimed during the relevant year. The Tribunal relied on various judicial interpretations and precedents, ultimately deciding in favor of the Assessee, contrary to the AO's disallowance of administrative expenses and finance charges. Case-Laws Income Tax Mon, 08 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190986