https://www.taxtmi.com/caselaws?id=192202 The Tribunal allowed the Revenue's appeal for statistical purposes, setting aside the CIT(A)'s order and remitting the matter back to the Assessing Officer for fresh consideration. The Tribunal directed the assessee to establish the lack of nexus between exempt income and interest expenditure for a new decision regarding the disallowance under section 14A of the Income-tax Act, 1961 for the assessment year 2008-09. en-us Fri, 04 May 2012 00:00:00 +0530 Fri, 19 May 2017 18:05:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192202 The Tribunal allowed the Revenue's appeal for statistical purposes, setting aside the CIT(A)'s order and remitting the matter back to the Assessing Officer for fresh consideration. The Tribunal directed the assessee to establish the lack of nexus between exempt income and interest expenditure for a new decision regarding the disallowance under section 14A of the Income-tax Act, 1961 for the assessment year 2008-09. Case-Laws Income Tax Fri, 04 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192202