https://www.taxtmi.com/caselaws?id=377136 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decision on both issues. The addition of Rs. 1 crore based on disclosure during survey proceedings was deleted by the CIT(A) as an afterthought, with the Tribunal finding no error in this decision. Additionally, the disallowance under section 14A for exempt dividend income was restricted by the CIT(A) to the extent of income earned, a decision upheld by the Tribunal. The appeal was ultimately dismissed on 19th March 2019. en-us Tue, 19 Mar 2019 00:00:00 +0530 Sun, 24 Mar 2019 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377136 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decision on both issues. The addition of Rs. 1 crore based on disclosure during survey proceedings was deleted by the CIT(A) as an afterthought, with the Tribunal finding no error in this decision. Additionally, the disallowance under section 14A for exempt dividend income was restricted by the CIT(A) to the extent of income earned, a decision upheld by the Tribunal. The appeal was ultimately dismissed on 19th March 2019. Case-Laws Income Tax Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377136