https://www.taxtmi.com/caselaws?id=289990 The Tribunal dismissed the Revenue's appeal on both issues. The disallowance under Section 14A was deleted as the AO did not record dissatisfaction with the assessee's claim, and the interest on term loans for CPP and OBP was correctly capitalized as per Accounting Standard 16. The Tribunal upheld the CIT(A)'s orders, confirming the decisions in favor of the assessee. en-us Thu, 03 Aug 2017 00:00:00 +0530 Thu, 03 Sep 2020 09:23:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289990 The Tribunal dismissed the Revenue's appeal on both issues. The disallowance under Section 14A was deleted as the AO did not record dissatisfaction with the assessee's claim, and the interest on term loans for CPP and OBP was correctly capitalized as per Accounting Standard 16. The Tribunal upheld the CIT(A)'s orders, confirming the decisions in favor of the assessee. Case-Laws Income Tax Thu, 03 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289990