https://www.taxtmi.com/caselaws?id=411456 The Tribunal upheld the CIT(A)'s decisions to delete the depreciation claimed on the civil work of the factory building and vacate the disallowance under section 14A of the Income Tax Act. The revenue's appeal was dismissed in its entirety, with the Tribunal emphasizing that no disallowance was warranted as no exempt dividend income was earned during the year. The general grounds of appeal were also dismissed as not pressed. en-us Tue, 27 Jul 2021 00:00:00 +0530 Wed, 25 Aug 2021 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411456 The Tribunal upheld the CIT(A)'s decisions to delete the depreciation claimed on the civil work of the factory building and vacate the disallowance under section 14A of the Income Tax Act. The revenue's appeal was dismissed in its entirety, with the Tribunal emphasizing that no disallowance was warranted as no exempt dividend income was earned during the year. The general grounds of appeal were also dismissed as not pressed. Case-Laws Income Tax Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411456