https://www.taxtmi.com/caselaws?id=358688 The appeal of the assessee was partially allowed. The addition under Section 41(1) of the Income Tax Act was deleted as there was no remission or cessation of liability. Additionally, the disallowance under Section 14A was limited to the amount of exempt dividend income, resulting in the deletion of the excess disallowance. The court's order was pronounced on 13.04.2018. en-us Fri, 13 Apr 2018 00:00:00 +0530 Tue, 17 Apr 2018 06:24:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358688 The appeal of the assessee was partially allowed. The addition under Section 41(1) of the Income Tax Act was deleted as there was no remission or cessation of liability. Additionally, the disallowance under Section 14A was limited to the amount of exempt dividend income, resulting in the deletion of the excess disallowance. The court's order was pronounced on 13.04.2018. Case-Laws Income Tax Fri, 13 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358688