https://www.taxtmi.com/caselaws?id=274342 The appellate tribunal allowed the assessee's appeal, overturning the disallowances made under Section 14A and Section 36(1)(va) of the Income Tax Act. The disallowance under Section 14A was deleted as no exempt income was earned in the relevant assessment year, following the precedent in CIT vs. Corrtech Energy P. Ltd. Regarding the disallowance under Section 36(1)(va) for late payment of employees' PF & ESI contributions, it was ruled that the relevant due date is the actual payment date, leading to the deletion of the disallowance. The judgment was in favor of the assessee and pronounced on September 22, 2017. en-us Fri, 22 Sep 2017 00:00:00 +0530 Thu, 09 Aug 2018 07:24:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274342 The appellate tribunal allowed the assessee's appeal, overturning the disallowances made under Section 14A and Section 36(1)(va) of the Income Tax Act. The disallowance under Section 14A was deleted as no exempt income was earned in the relevant assessment year, following the precedent in CIT vs. Corrtech Energy P. Ltd. Regarding the disallowance under Section 36(1)(va) for late payment of employees' PF & ESI contributions, it was ruled that the relevant due date is the actual payment date, leading to the deletion of the disallowance. The judgment was in favor of the assessee and pronounced on September 22, 2017. Case-Laws Income Tax Fri, 22 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274342