https://www.taxtmi.com/caselaws?id=297838 The ITAT partially allowed the appeal, directing the AO to restrict the disallowance under section 14A to the amount of exempt income earned by the assessee. The ITAT rejected the contention that disallowance should exceed the exempt income, citing judicial precedents. The stay petition was dismissed as the appeal was disposed of. en-us Wed, 24 Jun 2020 00:00:00 +0530 Fri, 24 Sep 2021 07:18:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297838 The ITAT partially allowed the appeal, directing the AO to restrict the disallowance under section 14A to the amount of exempt income earned by the assessee. The ITAT rejected the contention that disallowance should exceed the exempt income, citing judicial precedents. The stay petition was dismissed as the appeal was disposed of. Case-Laws Income Tax Wed, 24 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297838