https://www.taxtmi.com/caselaws?id=281433 The Tribunal allowed the appellant's appeal on all issues, directing the Assessing Officer to reconsider disallowances and adjustments in accordance with the Tribunal's order. The disallowance of deductions for expenses on amenities to tenants under "Income from House Property" was to be based on the current year's figure. For disallowance under section 14A, only investments yielding exempt income were to be considered. Adjustments in book profit under section 115JB were to be computed without relying on section 14A. The matter was restored to the Assessing Officer for appropriate relief. en-us Thu, 28 Feb 2019 00:00:00 +0530 Tue, 18 Jun 2019 21:30:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281433 The Tribunal allowed the appellant's appeal on all issues, directing the Assessing Officer to reconsider disallowances and adjustments in accordance with the Tribunal's order. The disallowance of deductions for expenses on amenities to tenants under "Income from House Property" was to be based on the current year's figure. For disallowance under section 14A, only investments yielding exempt income were to be considered. Adjustments in book profit under section 115JB were to be computed without relying on section 14A. The matter was restored to the Assessing Officer for appropriate relief. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281433