https://www.taxtmi.com/caselaws?id=403687 The Tribunal ruled in favor of the assessee, dismissing the revenue's appeal. It upheld the assessee's contentions regarding disallowance under section 14A, citing the Delhi HC's judgment that section 44 overrides section 14A for insurance companies. Additionally, the Tribunal directed the exclusion of pension fund losses under section 10(23AAB) when determining the actuarial surplus, aligning with previous rulings. en-us Wed, 03 Feb 2021 00:00:00 +0530 Wed, 30 Oct 2024 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403687 The Tribunal ruled in favor of the assessee, dismissing the revenue's appeal. It upheld the assessee's contentions regarding disallowance under section 14A, citing the Delhi HC's judgment that section 44 overrides section 14A for insurance companies. Additionally, the Tribunal directed the exclusion of pension fund losses under section 10(23AAB) when determining the actuarial surplus, aligning with previous rulings. Case-Laws Income Tax Wed, 03 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403687