https://www.taxtmi.com/caselaws?id=281977 The Tribunal allowed the appeal challenging the disallowance under Section 14A of the Income Tax Act. It found that the Assessing Officer (AO) did not adequately verify the claim of no expenses incurred for earning exempt income, specifically dividend income. The Tribunal directed the AO to reexamine the claim and provide the appellant with a hearing opportunity before issuing a fresh assessment order. The subsequent grounds raised by the appellant were deemed infructuous due to the Tribunal's decision on the primary issue. en-us Fri, 12 Jan 2018 00:00:00 +0530 Tue, 16 Jul 2019 07:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281977 The Tribunal allowed the appeal challenging the disallowance under Section 14A of the Income Tax Act. It found that the Assessing Officer (AO) did not adequately verify the claim of no expenses incurred for earning exempt income, specifically dividend income. The Tribunal directed the AO to reexamine the claim and provide the appellant with a hearing opportunity before issuing a fresh assessment order. The subsequent grounds raised by the appellant were deemed infructuous due to the Tribunal's decision on the primary issue. Case-Laws Income Tax Fri, 12 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281977