https://www.taxtmi.com/caselaws?id=274467 The Tribunal ruled in favor of the assessee, determining that no disallowance was necessary under section 14A read with Rule 8D due to the absence of exempt income during the relevant year. The disallowance made by the Assessing Officer was deemed unjustified and subsequently deleted. The appeal was allowed, with the order issued on October 14, 2016. en-us Fri, 14 Oct 2016 00:00:00 +0530 Fri, 17 Aug 2018 09:19:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274467 The Tribunal ruled in favor of the assessee, determining that no disallowance was necessary under section 14A read with Rule 8D due to the absence of exempt income during the relevant year. The disallowance made by the Assessing Officer was deemed unjustified and subsequently deleted. The appeal was allowed, with the order issued on October 14, 2016. Case-Laws Income Tax Fri, 14 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274467