https://www.taxtmi.com/caselaws?id=364658 The Tribunal allowed the appeal, directing the deletion of disallowances under Sections 14A and 43B of the Income-tax Act, 1961. The disallowance under Section 14A was limited to the amount of exempt income, and the disallowance under Section 43B was removed as the interest payments were compensatory and not subject to Section 43B. en-us Tue, 31 Jul 2018 00:00:00 +0530 Thu, 02 Aug 2018 07:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364658 The Tribunal allowed the appeal, directing the deletion of disallowances under Sections 14A and 43B of the Income-tax Act, 1961. The disallowance under Section 14A was limited to the amount of exempt income, and the disallowance under Section 43B was removed as the interest payments were compensatory and not subject to Section 43B. Case-Laws Income Tax Tue, 31 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364658