https://www.taxtmi.com/caselaws?id=192948 The appeal was partly allowed by the ITAT, with decisions under Section 14A, Section 36(1)(iii), and capital expenditure disallowances being reversed in favor of the assessee. The ITAT found the Assessing Officer lacked tangible material to support disallowances related to interest-bearing funds and capital expenditure, ultimately favoring the assessee on these grounds. The order was pronounced on 11/08/2016. en-us Thu, 11 Aug 2016 00:00:00 +0530 Wed, 05 Jul 2017 10:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192948 The appeal was partly allowed by the ITAT, with decisions under Section 14A, Section 36(1)(iii), and capital expenditure disallowances being reversed in favor of the assessee. The ITAT found the Assessing Officer lacked tangible material to support disallowances related to interest-bearing funds and capital expenditure, ultimately favoring the assessee on these grounds. The order was pronounced on 11/08/2016. Case-Laws Income Tax Thu, 11 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192948