https://www.taxtmi.com/caselaws?id=357606 The Tribunal upheld the CIT(A)'s decision, ruling that no disallowance under Section 14A of the Income Tax Act was warranted as the assessee had not shown any income or expenditure in the profit and loss account. The appeal by the Revenue was dismissed, confirming that the disallowance under Section 14A was not applicable in this case. en-us Fri, 23 Mar 2018 00:00:00 +0530 Mon, 26 Mar 2018 08:37:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357606 The Tribunal upheld the CIT(A)'s decision, ruling that no disallowance under Section 14A of the Income Tax Act was warranted as the assessee had not shown any income or expenditure in the profit and loss account. The appeal by the Revenue was dismissed, confirming that the disallowance under Section 14A was not applicable in this case. Case-Laws Income Tax Fri, 23 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357606