https://www.taxtmi.com/caselaws?id=364161 The ITAT dismissed the Revenue's appeal and upheld the CIT (A)'s order for the Assessment Year 2011-12, regarding disallowances under sections 14A and 35D. The decision was based on legal provisions and court rulings, emphasizing that disallowance under section 14A cannot be made if no exempt income was earned, and allowing the deduction claimed under section 35D for preliminary expenses. en-us Wed, 18 Jul 2018 00:00:00 +0530 Tue, 24 Jul 2018 08:51:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364161 The ITAT dismissed the Revenue's appeal and upheld the CIT (A)'s order for the Assessment Year 2011-12, regarding disallowances under sections 14A and 35D. The decision was based on legal provisions and court rulings, emphasizing that disallowance under section 14A cannot be made if no exempt income was earned, and allowing the deduction claimed under section 35D for preliminary expenses. Case-Laws Income Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364161