https://www.taxtmi.com/caselaws?id=195565 The Tribunal partially allowed the appeal, directing the Assessing Officer to limit the disallowance under Section 14A to the amount of dividend income received by the assessee. The judgment emphasized that the disallowance should not exceed the exempt income, as per legal precedents from the Delhi High Court and the Punjab and Haryana High Court. en-us Mon, 10 Jul 2017 00:00:00 +0530 Fri, 03 Nov 2017 18:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195565 The Tribunal partially allowed the appeal, directing the Assessing Officer to limit the disallowance under Section 14A to the amount of dividend income received by the assessee. The judgment emphasized that the disallowance should not exceed the exempt income, as per legal precedents from the Delhi High Court and the Punjab and Haryana High Court. Case-Laws Income Tax Mon, 10 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195565