https://www.taxtmi.com/caselaws?id=415330 The Tribunal upheld the AO's disallowance under Section 14A of the Income Tax Act, directing a re-computation of the disallowance by including investment in subsidiary companies. The Tribunal also instructed the AO to consider the deduction of Education Cess and Secondary and Higher Education Cess. The appeals from both the Revenue and the Assessee were partly allowed for statistical purposes. en-us Thu, 26 Aug 2021 00:00:00 +0530 Fri, 03 Dec 2021 09:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415330 The Tribunal upheld the AO's disallowance under Section 14A of the Income Tax Act, directing a re-computation of the disallowance by including investment in subsidiary companies. The Tribunal also instructed the AO to consider the deduction of Education Cess and Secondary and Higher Education Cess. The appeals from both the Revenue and the Assessee were partly allowed for statistical purposes. Case-Laws Income Tax Thu, 26 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415330