https://www.taxtmi.com/caselaws?id=359781 The Tribunal dismissed the Revenue's appeal regarding the disallowance under Section 14A, upholding the restriction of disallowance to the dividend income earned. However, the issue of income classification from the investment portfolio was remitted back to the CIT(A) for further examination to ensure alignment with relevant precedents. The Tribunal allowed the appeal partly for statistical purposes, confirming the decision on disallowance but directing a fresh analysis on income classification. en-us Wed, 02 May 2018 00:00:00 +0530 Fri, 04 May 2018 08:50:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359781 The Tribunal dismissed the Revenue's appeal regarding the disallowance under Section 14A, upholding the restriction of disallowance to the dividend income earned. However, the issue of income classification from the investment portfolio was remitted back to the CIT(A) for further examination to ensure alignment with relevant precedents. The Tribunal allowed the appeal partly for statistical purposes, confirming the decision on disallowance but directing a fresh analysis on income classification. Case-Laws Income Tax Wed, 02 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359781