https://www.taxtmi.com/caselaws?id=378244 The Tribunal partially allowed the assessee's appeals by restricting the disallowance under section 14A of the Income-tax Act to the amount of exempt income only. The Tribunal referred to a High Court judgment and directed the Assessing Officer to make the disallowance in line with the exempt income. The first ground of appeal was dismissed, while the second ground was partially allowed. The decision in one appeal applied to the other due to identical facts and issues. The judgment was delivered on January 25, 2019, by tribunal members Ms. Sushma Chowla, JM, and Shri Anil Chaturvedi, AM. en-us Fri, 25 Jan 2019 00:00:00 +0530 Thu, 11 Apr 2019 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378244 The Tribunal partially allowed the assessee's appeals by restricting the disallowance under section 14A of the Income-tax Act to the amount of exempt income only. The Tribunal referred to a High Court judgment and directed the Assessing Officer to make the disallowance in line with the exempt income. The first ground of appeal was dismissed, while the second ground was partially allowed. The decision in one appeal applied to the other due to identical facts and issues. The judgment was delivered on January 25, 2019, by tribunal members Ms. Sushma Chowla, JM, and Shri Anil Chaturvedi, AM. Case-Laws Income Tax Fri, 25 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378244