https://www.taxtmi.com/caselaws?id=198922 The HC held that the Tribunal erred in law by reducing the disallowance under section 14A from Rs. 2,20,15,787 to Rs. 5,47,433 relying on a precedent. The court upheld the assessee's position that disallowance under section 14A should not be included in the computation of book profit under section 115JB, affirming that section 115JB is a self-contained code and section 14A cannot be invoked for this purpose. en-us Wed, 19 Nov 2014 00:00:00 +0530 Mon, 28 Jul 2025 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198922 The HC held that the Tribunal erred in law by reducing the disallowance under section 14A from Rs. 2,20,15,787 to Rs. 5,47,433 relying on a precedent. The court upheld the assessee's position that disallowance under section 14A should not be included in the computation of book profit under section 115JB, affirming that section 115JB is a self-contained code and section 14A cannot be invoked for this purpose. Case-Laws Income Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198922