https://www.taxtmi.com/caselaws?id=403454 The appeal was allowed, and the orders of the Assessing Officer, the Commissioner of Income Tax (Appeals), and the Tribunal regarding the disallowance under Section 14A of the Income Tax Act, 1961, were quashed. The court found that the Assessing Officer failed to establish dissatisfaction with the correctness of the assessee's claim before disallowing the expenditure under Section 14A, leading to the decision in favor of the assessee. en-us Tue, 19 Jan 2021 00:00:00 +0530 Wed, 03 Mar 2021 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403454 The appeal was allowed, and the orders of the Assessing Officer, the Commissioner of Income Tax (Appeals), and the Tribunal regarding the disallowance under Section 14A of the Income Tax Act, 1961, were quashed. The court found that the Assessing Officer failed to establish dissatisfaction with the correctness of the assessee's claim before disallowing the expenditure under Section 14A, leading to the decision in favor of the assessee. Case-Laws Income Tax Tue, 19 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403454