https://www.taxtmi.com/caselaws?id=402453 The Tribunal partly allowed the assessee's appeal for statistical purposes and dismissed the revenue's appeal. The Tribunal directed the AO to recompute the disallowance under section 14A by including only investments yielding exempt income. It upheld the exclusion of growth scheme investments for disallowance calculation, deletion of disallowance from book profit under section 115JB, and allowance of loss claims based on revised statements. en-us Thu, 29 Oct 2020 00:00:00 +0530 Sat, 02 Jan 2021 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402453 The Tribunal partly allowed the assessee's appeal for statistical purposes and dismissed the revenue's appeal. The Tribunal directed the AO to recompute the disallowance under section 14A by including only investments yielding exempt income. It upheld the exclusion of growth scheme investments for disallowance calculation, deletion of disallowance from book profit under section 115JB, and allowance of loss claims based on revised statements. Case-Laws Income Tax Thu, 29 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402453