https://www.taxtmi.com/caselaws?id=194543 The ITAT dismissed the Revenue's appeal, affirming the CIT(A) order that disallowance under section 14A of the IT Act is not applicable when no exempt income is received, as per the provisions of the IT Act. The decision was based on established legal principles and interpretations, citing precedents such as the Cheminvest Ltd. case and the Prathista Industries Ltd. case. en-us Mon, 13 Mar 2017 00:00:00 +0530 Tue, 12 Sep 2017 21:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194543 The ITAT dismissed the Revenue's appeal, affirming the CIT(A) order that disallowance under section 14A of the IT Act is not applicable when no exempt income is received, as per the provisions of the IT Act. The decision was based on established legal principles and interpretations, citing precedents such as the Cheminvest Ltd. case and the Prathista Industries Ltd. case. Case-Laws Income Tax Mon, 13 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194543