https://www.taxtmi.com/caselaws?id=297339 The court dismissed the appeal concerning disallowance of expenditure directly related to capital work in progress as the appellant withdrew this part of the appeal. Regarding the disallowance under Section 14A of the Income Tax Act, the court ruled in favor of the assessee, finding that the Assessing Officer had not provided sufficient reasons for deeming the claimed expenditure unsatisfactory. Relying on precedent and the facts of the case, the court concluded that the ITAT had not erred in deleting the addition. Consequently, the court found no substantial question of law and dismissed the appeal on this matter as well. en-us Mon, 07 Nov 2016 00:00:00 +0530 Sat, 28 Aug 2021 09:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297339 The court dismissed the appeal concerning disallowance of expenditure directly related to capital work in progress as the appellant withdrew this part of the appeal. Regarding the disallowance under Section 14A of the Income Tax Act, the court ruled in favor of the assessee, finding that the Assessing Officer had not provided sufficient reasons for deeming the claimed expenditure unsatisfactory. Relying on precedent and the facts of the case, the court concluded that the ITAT had not erred in deleting the addition. Consequently, the court found no substantial question of law and dismissed the appeal on this matter as well. Case-Laws Income Tax Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297339