https://www.taxtmi.com/caselaws?id=199043 The Tribunal upheld the deletion of disallowance under Section 14A for Assessment Years 2008-09 and 2009-10 due to no new investments and no exempt income claimed. For Assessment Year 2010-11, the Tribunal partly allowed the disallowance under Section 14A for direct interest expenditure. The issue of short deduction of TDS under Section 40(a)(ia) was set aside to the CIT(A) for verification in all years. en-us Wed, 17 Dec 2014 00:00:00 +0530 Mon, 19 Feb 2018 08:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199043 The Tribunal upheld the deletion of disallowance under Section 14A for Assessment Years 2008-09 and 2009-10 due to no new investments and no exempt income claimed. For Assessment Year 2010-11, the Tribunal partly allowed the disallowance under Section 14A for direct interest expenditure. The issue of short deduction of TDS under Section 40(a)(ia) was set aside to the CIT(A) for verification in all years. Case-Laws Income Tax Wed, 17 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199043