https://www.taxtmi.com/caselaws?id=351845 The Tribunal dismissed the revenue's appeals for the assessment years 2008-09 to 2012-13, as the disallowance of interest expenditure proportionate to exempted income under section 14A of the I.T. Act was found unjustified. Additionally, the Tribunal allowed the assessee's appeals for the assessment years 2010-11 and 2011-12, as the disallowance of reeling and doubling charges under section 40A(2)(b) was deemed unwarranted. en-us Thu, 23 Nov 2017 00:00:00 +0530 Sat, 02 Dec 2017 10:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351845 The Tribunal dismissed the revenue's appeals for the assessment years 2008-09 to 2012-13, as the disallowance of interest expenditure proportionate to exempted income under section 14A of the I.T. Act was found unjustified. Additionally, the Tribunal allowed the assessee's appeals for the assessment years 2010-11 and 2011-12, as the disallowance of reeling and doubling charges under section 40A(2)(b) was deemed unwarranted. Case-Laws Income Tax Thu, 23 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351845