https://www.taxtmi.com/caselaws?id=285867 The High Court dismissed the revenue's appeal regarding the disallowance of expenditure under section 14A of the Income Tax Act. The court upheld the decision that disallowance is not justified when no exempt income is received by the assessee, following legal precedent established by higher courts. en-us Tue, 09 Apr 2019 00:00:00 +0530 Mon, 03 Feb 2020 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285867 The High Court dismissed the revenue's appeal regarding the disallowance of expenditure under section 14A of the Income Tax Act. The court upheld the decision that disallowance is not justified when no exempt income is received by the assessee, following legal precedent established by higher courts. Case-Laws Income Tax Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285867