https://www.taxtmi.com/caselaws?id=282165 The ITAT upheld the disallowance of expenses under section 14A of the Income Tax Act, 1961, as the Assessing Officer correctly found that related expenditure had not been disallowed despite earning exempt dividend income. Additionally, the ITAT directed the assessment of rental income from Shiv Sagar property in the hands of the assessee based on previous rulings and pending legal proceedings, leading to the dismissal of the appeal. en-us Fri, 11 Nov 2016 00:00:00 +0530 Wed, 24 Jul 2019 20:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282165 The ITAT upheld the disallowance of expenses under section 14A of the Income Tax Act, 1961, as the Assessing Officer correctly found that related expenditure had not been disallowed despite earning exempt dividend income. Additionally, the ITAT directed the assessment of rental income from Shiv Sagar property in the hands of the assessee based on previous rulings and pending legal proceedings, leading to the dismissal of the appeal. Case-Laws Income Tax Fri, 11 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282165