https://www.taxtmi.com/caselaws?id=365272 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of expenses related to exempt income under section 14A, emphasizing the importance of the AO recording positive satisfaction before making such disallowances. The appeals by Revenue were dismissed for both assessment years. en-us Mon, 09 Jul 2018 00:00:00 +0530 Tue, 14 Aug 2018 07:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365272 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of expenses related to exempt income under section 14A, emphasizing the importance of the AO recording positive satisfaction before making such disallowances. The appeals by Revenue were dismissed for both assessment years. Case-Laws Income Tax Mon, 09 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365272