https://www.taxtmi.com/caselaws?id=408390 The Tribunal dismissed all four appeals filed by the revenue, emphasizing the importance of considering the source of funds for investments and the application of Sec. 14A provisions in light of interest-free funds. The decision highlighted the significance of judicial precedents and financial evidence in determining the legitimacy of disallowances under the Income Tax Act. en-us Fri, 04 Jun 2021 00:00:00 +0530 Wed, 09 Jun 2021 09:26:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408390 The Tribunal dismissed all four appeals filed by the revenue, emphasizing the importance of considering the source of funds for investments and the application of Sec. 14A provisions in light of interest-free funds. The decision highlighted the significance of judicial precedents and financial evidence in determining the legitimacy of disallowances under the Income Tax Act. Case-Laws Income Tax Fri, 04 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408390