https://www.taxtmi.com/caselaws?id=375445 The Appellate Tribunal ruled in favor of the assessee, directing the deletion of the disallowance made under section 14A of the Income Tax Act due to the absence of exempt income from the investments. The decision was based on previous judgments highlighting the principle that disallowance under section 14A cannot be imposed in the absence of exempt income. en-us Fri, 15 Feb 2019 00:00:00 +0530 Tue, 19 Feb 2019 07:37:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375445 The Appellate Tribunal ruled in favor of the assessee, directing the deletion of the disallowance made under section 14A of the Income Tax Act due to the absence of exempt income from the investments. The decision was based on previous judgments highlighting the principle that disallowance under section 14A cannot be imposed in the absence of exempt income. Case-Laws Income Tax Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375445