https://www.taxtmi.com/caselaws?id=385725 The Tribunal ruled in favor of the assessee on penalty expenditure, interest income classification, Frequent Flyer Programme provision, and excess provision for obsolescence. The issue of disputed bills was sent back to the AO for further verification. The Tribunal also decided against the applicability of Section 14A to dividend income due to the absence of exempt income. The Revenue's appeal was dismissed, and the assessee's appeal was partly allowed. en-us Fri, 19 Jul 2019 00:00:00 +0530 Tue, 10 Sep 2019 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385725 The Tribunal ruled in favor of the assessee on penalty expenditure, interest income classification, Frequent Flyer Programme provision, and excess provision for obsolescence. The issue of disputed bills was sent back to the AO for further verification. The Tribunal also decided against the applicability of Section 14A to dividend income due to the absence of exempt income. The Revenue's appeal was dismissed, and the assessee's appeal was partly allowed. Case-Laws Income Tax Fri, 19 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385725