https://www.taxtmi.com/caselaws?id=382036 The Tribunal allowed the appeal filed by the assessee, setting aside the CIT(A)'s order confirming the additional disallowance made under section 14A of the Act. The Tribunal held that the disallowance already made by the appellant exceeded the dividend income received, making further disallowance unnecessary. Therefore, the AO was directed to delete the additional disallowance, and the appeal was decided in favor of the assessee. en-us Mon, 10 Jun 2019 00:00:00 +0530 Mon, 24 Jun 2019 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382036 The Tribunal allowed the appeal filed by the assessee, setting aside the CIT(A)'s order confirming the additional disallowance made under section 14A of the Act. The Tribunal held that the disallowance already made by the appellant exceeded the dividend income received, making further disallowance unnecessary. Therefore, the AO was directed to delete the additional disallowance, and the appeal was decided in favor of the assessee. Case-Laws Income Tax Mon, 10 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382036