https://www.taxtmi.com/caselaws?id=345316 The Tribunal upheld the deletion of the disallowance of Rs. 8,63,137/- under Section 14A for expenses towards earning exempt income but set aside the deletion of the addition of loss of Rs. 3,67,83,145/- on account of client code modifications. The Tribunal remanded the latter issue back to the Assessing Officer for further investigation, disagreeing with the Commissioner of Income Tax (Appeals)'s decision to delete the disallowance without proper verification. en-us Mon, 15 May 2017 00:00:00 +0530 Thu, 13 Jul 2017 07:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345316 The Tribunal upheld the deletion of the disallowance of Rs. 8,63,137/- under Section 14A for expenses towards earning exempt income but set aside the deletion of the addition of loss of Rs. 3,67,83,145/- on account of client code modifications. The Tribunal remanded the latter issue back to the Assessing Officer for further investigation, disagreeing with the Commissioner of Income Tax (Appeals)'s decision to delete the disallowance without proper verification. Case-Laws Income Tax Mon, 15 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345316