https://www.taxtmi.com/caselaws?id=392789 The Revenue appealed under Section 260-A of the Income Tax Act against the ITAT's order for the assessment year 2014-2015. The case involved questions of law concerning the dismissal of the Miscellaneous application by the ITAT without addressing the merits. Key issues included the interpretation of CBDT Circular No. 5/2014, application of Section 14A and Rule 8D on expenses related to earning exempt income, disallowance of interest, apportionment of expenses, and the legality of the circular in line with legislative intent. The appeal focused on the ITAT's failure to consider these legal aspects, raising doubts on the application and interpretation of relevant provisions. en-us Thu, 06 Feb 2020 00:00:00 +0530 Fri, 20 Mar 2020 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392789 The Revenue appealed under Section 260-A of the Income Tax Act against the ITAT's order for the assessment year 2014-2015. The case involved questions of law concerning the dismissal of the Miscellaneous application by the ITAT without addressing the merits. Key issues included the interpretation of CBDT Circular No. 5/2014, application of Section 14A and Rule 8D on expenses related to earning exempt income, disallowance of interest, apportionment of expenses, and the legality of the circular in line with legislative intent. The appeal focused on the ITAT's failure to consider these legal aspects, raising doubts on the application and interpretation of relevant provisions. Case-Laws Income Tax Thu, 06 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392789