https://www.taxtmi.com/caselaws?id=382603 The appellate tribunal partly allowed the assessee's appeal in a tax case involving various issues such as disallowance under section 14A, treatment of rental income, MAT credit claim, and deduction under section 80IC. The tribunal directed the Assessing Officer to restrict disallowance under section 14A to the amount of exempt income disclosed by the assessee. Additionally, the tribunal upheld the CIT(A)'s decisions regarding the deduction under section 80IC and the treatment of royalty payments, dismissing the revenue's appeals. The order was pronounced on 04.07.2019. en-us Thu, 04 Jul 2019 00:00:00 +0530 Fri, 05 Jul 2019 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382603 The appellate tribunal partly allowed the assessee's appeal in a tax case involving various issues such as disallowance under section 14A, treatment of rental income, MAT credit claim, and deduction under section 80IC. The tribunal directed the Assessing Officer to restrict disallowance under section 14A to the amount of exempt income disclosed by the assessee. Additionally, the tribunal upheld the CIT(A)'s decisions regarding the deduction under section 80IC and the treatment of royalty payments, dismissing the revenue's appeals. The order was pronounced on 04.07.2019. Case-Laws Income Tax Thu, 04 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382603