https://www.taxtmi.com/caselaws?id=359577 The Tribunal allowed the assessee's appeal in part, specifically concerning the disallowance under Section 14A of the Income Tax Act, as no exempt income was earned. The disallowance of miscellaneous expenses was upheld, as the assessee failed to prove their business purpose. The Revenue's appeals were entirely dismissed, affirming the CIT(A)'s decisions on all issues. The order was pronounced on 25/04/2018. en-us Wed, 25 Apr 2018 00:00:00 +0530 Wed, 02 May 2018 06:24:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359577 The Tribunal allowed the assessee's appeal in part, specifically concerning the disallowance under Section 14A of the Income Tax Act, as no exempt income was earned. The disallowance of miscellaneous expenses was upheld, as the assessee failed to prove their business purpose. The Revenue's appeals were entirely dismissed, affirming the CIT(A)'s decisions on all issues. The order was pronounced on 25/04/2018. Case-Laws Income Tax Wed, 25 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359577