https://www.taxtmi.com/caselaws?id=417015 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the disallowance under Section 14A of the Act due to the absence of exempt income. The judgment stressed the significance of factual findings and legal precedents in applying tax provisions, emphasizing the necessity of a clear connection between income earned and disallowances under the Act. en-us Wed, 05 Jan 2022 00:00:00 +0530 Thu, 13 Jan 2022 09:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417015 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the disallowance under Section 14A of the Act due to the absence of exempt income. The judgment stressed the significance of factual findings and legal precedents in applying tax provisions, emphasizing the necessity of a clear connection between income earned and disallowances under the Act. Case-Laws Income Tax Wed, 05 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417015