https://www.taxtmi.com/caselaws?id=288609 The Tribunal upheld the Commissioner's decision to restrict disallowance under section 14A of the Income Tax Act to the extent of exempt income earned by the assessee, dismissing the Revenue's appeal. Additionally, the Tribunal affirmed the deletion of the addition made on account of employees' contribution to ESI & PF, as the payments were made before the due date for filing income tax returns, in line with legal requirements. Both appeals by the Revenue and the assessee were ultimately dismissed based on the Tribunal's findings and legal precedents cited. en-us Tue, 20 Nov 2018 00:00:00 +0530 Fri, 19 Jun 2020 10:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288609 The Tribunal upheld the Commissioner's decision to restrict disallowance under section 14A of the Income Tax Act to the extent of exempt income earned by the assessee, dismissing the Revenue's appeal. Additionally, the Tribunal affirmed the deletion of the addition made on account of employees' contribution to ESI & PF, as the payments were made before the due date for filing income tax returns, in line with legal requirements. Both appeals by the Revenue and the assessee were ultimately dismissed based on the Tribunal's findings and legal precedents cited. Case-Laws Income Tax Tue, 20 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288609