https://www.taxtmi.com/caselaws?id=413208 The ITAT allowed the appeal of the assessee regarding the addition of interest attributable to exempt income under section 115JB of the Income Tax Act, holding that such expenditure should not be added when computing book profit. Additionally, the ITAT partly allowed the appeal concerning the disallowance of expenses under section 14A, restricting the disallowance to specific amounts based on evidence provided by the assessee. en-us Tue, 27 Jul 2021 00:00:00 +0530 Thu, 07 Oct 2021 09:14:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413208 The ITAT allowed the appeal of the assessee regarding the addition of interest attributable to exempt income under section 115JB of the Income Tax Act, holding that such expenditure should not be added when computing book profit. Additionally, the ITAT partly allowed the appeal concerning the disallowance of expenses under section 14A, restricting the disallowance to specific amounts based on evidence provided by the assessee. Case-Laws Income Tax Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413208