https://www.taxtmi.com/caselaws?id=388993 The tribunal allowed the appeal, condoning the delay and deleting the disallowance under Section 14A for both the regular provisions and the computation of book profits under Section 115JB. The decision was based on the consistent judicial stance that no disallowance is warranted when no exempt income is earned. en-us Tue, 26 Nov 2019 00:00:00 +0530 Thu, 28 Nov 2019 13:47:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388993 The tribunal allowed the appeal, condoning the delay and deleting the disallowance under Section 14A for both the regular provisions and the computation of book profits under Section 115JB. The decision was based on the consistent judicial stance that no disallowance is warranted when no exempt income is earned. Case-Laws Income Tax Tue, 26 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388993