https://www.taxtmi.com/caselaws?id=419928 The ITAT ruled in favor of the appellant in the case, stating that disallowance under section 14A should only be made if exempt income is earned. The ITAT directed the AO to disallow expenditure only to the exempt income. Additionally, the ITAT remitted the issue of the addition of the deducted amount back to the AO for further examination and directed a proper review of donation receipts for the deduction under section 80G. The ITAT emphasized the importance of proper examination of evidence and adherence to legal provisions in tax assessments. en-us Wed, 09 Mar 2022 00:00:00 +0530 Wed, 23 Mar 2022 08:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419928 The ITAT ruled in favor of the appellant in the case, stating that disallowance under section 14A should only be made if exempt income is earned. The ITAT directed the AO to disallow expenditure only to the exempt income. Additionally, the ITAT remitted the issue of the addition of the deducted amount back to the AO for further examination and directed a proper review of donation receipts for the deduction under section 80G. The ITAT emphasized the importance of proper examination of evidence and adherence to legal provisions in tax assessments. Case-Laws Income Tax Wed, 09 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419928