https://www.taxtmi.com/caselaws?id=373100 The Tribunal dismissed the Revenue's appeal concerning disallowances under sections 14A and 36(I)(iii) of the Income Tax Act. Regarding section 14A, the Tribunal upheld the deletion of disallowance as no exempt income was earned. Concerning section 36(I)(iii), the Tribunal found in favor of the assessee based on precedents and lack of distinguishing facts for the current year. As no other issues were raised, the Revenue's appeal was dismissed on 17.12.2018. en-us Mon, 17 Dec 2018 00:00:00 +0530 Mon, 07 Jan 2019 12:23:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373100 The Tribunal dismissed the Revenue's appeal concerning disallowances under sections 14A and 36(I)(iii) of the Income Tax Act. Regarding section 14A, the Tribunal upheld the deletion of disallowance as no exempt income was earned. Concerning section 36(I)(iii), the Tribunal found in favor of the assessee based on precedents and lack of distinguishing facts for the current year. As no other issues were raised, the Revenue's appeal was dismissed on 17.12.2018. Case-Laws Income Tax Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373100