https://www.taxtmi.com/caselaws?id=397018 The ITAT allowed the appeal for statistical purposes, remanding the disallowance under Section 14A for re-computation based solely on investments yielding exempt income for the relevant year. The Tribunal acknowledged procedural delays in pronouncing the order, attributing them to COVID-19 lockdown disruptions, and excluded this period from the time limit calculation. en-us Tue, 28 Jul 2020 00:00:00 +0530 Tue, 05 Nov 2024 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397018 The ITAT allowed the appeal for statistical purposes, remanding the disallowance under Section 14A for re-computation based solely on investments yielding exempt income for the relevant year. The Tribunal acknowledged procedural delays in pronouncing the order, attributing them to COVID-19 lockdown disruptions, and excluded this period from the time limit calculation. Case-Laws Income Tax Tue, 28 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397018