https://www.taxtmi.com/caselaws?id=357649 The Tribunal partially allowed the appeal regarding the disallowance under section 14A of the Income Tax Act, directing the AO to disallow 1% of the exempt income. Additionally, the Tribunal allowed the appeal concerning the addition made under section 94(7) as the provisions of the Act were found not to be applicable to the transactions in question. en-us Fri, 23 Mar 2018 00:00:00 +0530 Mon, 26 Mar 2018 20:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357649 The Tribunal partially allowed the appeal regarding the disallowance under section 14A of the Income Tax Act, directing the AO to disallow 1% of the exempt income. Additionally, the Tribunal allowed the appeal concerning the addition made under section 94(7) as the provisions of the Act were found not to be applicable to the transactions in question. Case-Laws Income Tax Fri, 23 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357649