https://www.taxtmi.com/caselaws?id=420503 The Tribunal upheld the CIT(A)'s decisions in the case, dismissing the Revenue's challenges on all issues. The deletion of club membership fees addition was allowed as a business expenditure, disallowance under Section 14A was rejected due to the absence of exempt income, and the disallowance of loan processing fees under Section 115JB was upheld. The order was pronounced on 31/03/2022. en-us Thu, 31 Mar 2022 00:00:00 +0530 Sat, 02 Apr 2022 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420503 The Tribunal upheld the CIT(A)'s decisions in the case, dismissing the Revenue's challenges on all issues. The deletion of club membership fees addition was allowed as a business expenditure, disallowance under Section 14A was rejected due to the absence of exempt income, and the disallowance of loan processing fees under Section 115JB was upheld. The order was pronounced on 31/03/2022. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420503