https://www.taxtmi.com/caselaws?id=418561 The Appellate Tribunal directed the Assessing Officer to reexamine the issue of disallowance of expenses related to exempt income in light of the dividend income earned by the appellant for the relevant assessment year. If there was no exempt income, the Assessing Officer was instructed to delete the additions made towards disallowance of expenses under section 14A of the Act. The appeal filed by the appellant was treated as allowed for statistical purposes. en-us Thu, 10 Feb 2022 00:00:00 +0530 Fri, 18 Feb 2022 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418561 The Appellate Tribunal directed the Assessing Officer to reexamine the issue of disallowance of expenses related to exempt income in light of the dividend income earned by the appellant for the relevant assessment year. If there was no exempt income, the Assessing Officer was instructed to delete the additions made towards disallowance of expenses under section 14A of the Act. The appeal filed by the appellant was treated as allowed for statistical purposes. Case-Laws Income Tax Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418561