https://www.taxtmi.com/caselaws?id=420083 The Tribunal allowed the appeal, emphasizing the availability of interest-free funds for investments and the absence of utilization of borrowed funds for generating exempt income. The disallowance made under Section 14A read with Rule 8D was deemed unjustified and was therefore deleted. en-us Thu, 24 Feb 2022 00:00:00 +0530 Sat, 26 Mar 2022 08:59:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420083 The Tribunal allowed the appeal, emphasizing the availability of interest-free funds for investments and the absence of utilization of borrowed funds for generating exempt income. The disallowance made under Section 14A read with Rule 8D was deemed unjustified and was therefore deleted. Case-Laws Income Tax Thu, 24 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420083