https://www.taxtmi.com/caselaws?id=411891 The ITAT dismissed both revenue appeals, upholding the CIT(A)'s decisions in favor of the appellant. Disallowance under Sec 14A was deemed unjustified as no exempt income was earned, following relevant court precedents. Regarding the disallowed EPF contribution made post due date, the CIT(A) ruled in favor of the appellant, as the payment was made before the return due date. The ITAT affirmed these decisions, emphasizing adherence to legal provisions and precedent, ultimately favoring the appellant in both issues. en-us Thu, 02 Sep 2021 00:00:00 +0530 Mon, 06 Sep 2021 11:26:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411891 The ITAT dismissed both revenue appeals, upholding the CIT(A)'s decisions in favor of the appellant. Disallowance under Sec 14A was deemed unjustified as no exempt income was earned, following relevant court precedents. Regarding the disallowed EPF contribution made post due date, the CIT(A) ruled in favor of the appellant, as the payment was made before the return due date. The ITAT affirmed these decisions, emphasizing adherence to legal provisions and precedent, ultimately favoring the appellant in both issues. Case-Laws Income Tax Thu, 02 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411891