https://www.taxtmi.com/caselaws?id=393408 The HC dismissed the Revenue's appeal, affirming the ITAT's decisions on all issues. The disallowance under Section 14A was restricted, as sufficient interest-free funds were available. No law question arose under Section 36(1)(iii). The Tribunal's decision under Section 115JB was upheld, and the addition under Section 69-C was dismissed due to insufficient evidence of bogus purchases. en-us Wed, 04 Mar 2020 00:00:00 +0530 Fri, 05 Apr 2024 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393408 The HC dismissed the Revenue's appeal, affirming the ITAT's decisions on all issues. The disallowance under Section 14A was restricted, as sufficient interest-free funds were available. No law question arose under Section 36(1)(iii). The Tribunal's decision under Section 115JB was upheld, and the addition under Section 69-C was dismissed due to insufficient evidence of bogus purchases. Case-Laws Income Tax Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393408