https://www.taxtmi.com/caselaws?id=374047 The High Court upheld the Tribunal's decisions, dismissing the Tax Appeal. The court found that the Keyman Insurance Policy was correctly treated as such, and no legal issue arose. Additionally, the disallowance under Section 14A was deemed factual and not a legal matter. The court did not address the issue of disallowance of expenditure for earning tax-exempt income, ultimately dismissing the appeal. en-us Mon, 21 Jan 2019 00:00:00 +0530 Thu, 24 Jan 2019 07:28:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374047 The High Court upheld the Tribunal's decisions, dismissing the Tax Appeal. The court found that the Keyman Insurance Policy was correctly treated as such, and no legal issue arose. Additionally, the disallowance under Section 14A was deemed factual and not a legal matter. The court did not address the issue of disallowance of expenditure for earning tax-exempt income, ultimately dismissing the appeal. Case-Laws Income Tax Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374047