https://www.taxtmi.com/caselaws?id=284439 The Tribunal partly allowed the appeals by the assessee and the Revenue. It directed the Assessing Officer to follow specified case laws and guidelines in recomputing disallowances under Section 14A and recognizing income for Non-Performing Assets (NPAs). The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision in both matters, emphasizing adherence to RBI guidelines on income recognition for NPAs. The order was pronounced on 22.11.2018. en-us Thu, 22 Nov 2018 00:00:00 +0530 Tue, 19 Nov 2019 10:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284439 The Tribunal partly allowed the appeals by the assessee and the Revenue. It directed the Assessing Officer to follow specified case laws and guidelines in recomputing disallowances under Section 14A and recognizing income for Non-Performing Assets (NPAs). The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision in both matters, emphasizing adherence to RBI guidelines on income recognition for NPAs. The order was pronounced on 22.11.2018. Case-Laws Income Tax Thu, 22 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284439