https://www.taxtmi.com/caselaws?id=290537 The Tribunal upheld the Commissioner of Income-Tax (Appeals)' decisions in two separate cases, restricting disallowance under section 14A of the Income Tax Act to the actual expenditure claimed by the assessee, following earlier Tribunal precedents. The Tribunal found the Assessing Officer's disallowance calculations excessive and confirmed the proportionate disallowance determined by the CIT(A), leading to the dismissal of the revenue's appeals for the respective assessment years. en-us Wed, 25 Jul 2018 00:00:00 +0530 Sun, 04 Oct 2020 16:29:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290537 The Tribunal upheld the Commissioner of Income-Tax (Appeals)' decisions in two separate cases, restricting disallowance under section 14A of the Income Tax Act to the actual expenditure claimed by the assessee, following earlier Tribunal precedents. The Tribunal found the Assessing Officer's disallowance calculations excessive and confirmed the proportionate disallowance determined by the CIT(A), leading to the dismissal of the revenue's appeals for the respective assessment years. Case-Laws Income Tax Wed, 25 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290537