https://www.taxtmi.com/caselaws?id=301270 The Tribunal upheld the CIT(A)'s decisions in dismissing the revenue's appeals. It confirmed that the assessee was entitled to the additional deduction claimed under Section 80IA in the revised return. Additionally, it ruled that no disallowance under Section 14A could be made in the absence of exempt income. The Tribunal also found that adjustments to book profit under Section 115JB regarding the disallowance under Section 14A were not justified. en-us Fri, 08 Nov 2019 00:00:00 +0530 Thu, 24 Mar 2022 09:20:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301270 The Tribunal upheld the CIT(A)'s decisions in dismissing the revenue's appeals. It confirmed that the assessee was entitled to the additional deduction claimed under Section 80IA in the revised return. Additionally, it ruled that no disallowance under Section 14A could be made in the absence of exempt income. The Tribunal also found that adjustments to book profit under Section 115JB regarding the disallowance under Section 14A were not justified. Case-Laws Income Tax Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301270