https://www.taxtmi.com/caselaws?id=347774 The High Court dismissed the Tax Appeal, upholding the Tribunal's decision to delete the disallowance under section 14A of the Income Tax Act. The Court did not elaborate on the issue of disallowance under section 14A while computing book profit under section 115JB, as it was deemed academic following the primary conclusion on the first issue. en-us Wed, 06 Sep 2017 00:00:00 +0530 Mon, 11 Sep 2017 08:35:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347774 The High Court dismissed the Tax Appeal, upholding the Tribunal's decision to delete the disallowance under section 14A of the Income Tax Act. The Court did not elaborate on the issue of disallowance under section 14A while computing book profit under section 115JB, as it was deemed academic following the primary conclusion on the first issue. Case-Laws Income Tax Wed, 06 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347774