https://www.taxtmi.com/caselaws?id=372489 The Tribunal allowed the assessee's appeal, deleting the disallowance under Section 14A due to the absence of exempt income and overturning the disallowance of interest expenditure as capital expenditure. The Assessing Officer's appeal was dismissed as the disallowance under Section 14A had already been deleted, rendering the issue academic. The Tribunal upheld the relief granted to the assessee and declined to interfere in the matter, pronouncing the judgment on 16th November 2018. en-us Fri, 16 Nov 2018 00:00:00 +0530 Mon, 24 Dec 2018 08:31:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372489 The Tribunal allowed the assessee's appeal, deleting the disallowance under Section 14A due to the absence of exempt income and overturning the disallowance of interest expenditure as capital expenditure. The Assessing Officer's appeal was dismissed as the disallowance under Section 14A had already been deleted, rendering the issue academic. The Tribunal upheld the relief granted to the assessee and declined to interfere in the matter, pronouncing the judgment on 16th November 2018. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372489