https://www.taxtmi.com/caselaws?id=280438 The appellate tribunal upheld the decision of the CIT(A) in a case involving the disallowance of expenses under Section 14A of the Income Tax Act, 1961. The tribunal dismissed the revenue's appeal, finding no grounds to interfere with the relief granted to the appellant. The interpretation of Rule 8D and the application of CBDT Circular No.5 of 2014 were key points addressed, with the tribunal supporting the CIT(A)'s decision based on legal precedents and the specific circumstances of the case. en-us Mon, 19 Mar 2018 00:00:00 +0530 Sun, 05 May 2019 08:43:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280438 The appellate tribunal upheld the decision of the CIT(A) in a case involving the disallowance of expenses under Section 14A of the Income Tax Act, 1961. The tribunal dismissed the revenue's appeal, finding no grounds to interfere with the relief granted to the appellant. The interpretation of Rule 8D and the application of CBDT Circular No.5 of 2014 were key points addressed, with the tribunal supporting the CIT(A)'s decision based on legal precedents and the specific circumstances of the case. Case-Laws Income Tax Mon, 19 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280438