https://www.taxtmi.com/caselaws?id=353409 The High Court upheld the Income Tax Appellate Tribunal's decision regarding the exclusion of investments made from own funds in calculating disallowance under Section 14A of the Income Tax Act for the assessment year 2010-11. The Court found the Tribunal's reliance on relevant case law to be appropriate and dismissed the appeal. Additionally, the Court supported the Tribunal's decision on considering investments made from own funds under Section 14A, citing relevant case law and statutory provisions. The Court also concurred with the Tribunal's deletion of additions related to delayed PF/ESI payments and PF contributions, resulting in the dismissal of the appeal. en-us Tue, 12 Dec 2017 00:00:00 +0530 Wed, 03 Jan 2018 08:22:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353409 The High Court upheld the Income Tax Appellate Tribunal's decision regarding the exclusion of investments made from own funds in calculating disallowance under Section 14A of the Income Tax Act for the assessment year 2010-11. The Court found the Tribunal's reliance on relevant case law to be appropriate and dismissed the appeal. Additionally, the Court supported the Tribunal's decision on considering investments made from own funds under Section 14A, citing relevant case law and statutory provisions. The Court also concurred with the Tribunal's deletion of additions related to delayed PF/ESI payments and PF contributions, resulting in the dismissal of the appeal. Case-Laws Income Tax Tue, 12 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353409