https://www.taxtmi.com/caselaws?id=417679 The Tribunal allowed the assessee's appeal, setting aside the revision order under section 263 as the disallowance under section 14A did not exceed the exempt income. The Tribunal emphasized that the disallowance should not surpass the exempt income, leading to the decision in favor of the assessee. en-us Thu, 18 Nov 2021 00:00:00 +0530 Sat, 29 Jan 2022 08:43:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417679 The Tribunal allowed the assessee's appeal, setting aside the revision order under section 263 as the disallowance under section 14A did not exceed the exempt income. The Tribunal emphasized that the disallowance should not surpass the exempt income, leading to the decision in favor of the assessee. Case-Laws Income Tax Thu, 18 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417679