https://www.taxtmi.com/caselaws?id=302214 The Tribunal dismissed the Revenue's appeal challenging interest treatment and disallowance under section 14A, citing precedents. The Assessee's appeal contesting discount claim disallowance and interest levy was allowed, directing deletion of additions. The Tribunal ruled in favor of the Assessee based on previous decisions, deleting the disallowance under section 14A and addressing interest levy under section 234D as consequential. The judgment emphasized legal precedents and consistent decisions, providing detailed reasoning for each party's issues, ensuring a comprehensive analysis. en-us Fri, 26 Apr 2019 00:00:00 +0530 Wed, 11 May 2022 08:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302214 The Tribunal dismissed the Revenue's appeal challenging interest treatment and disallowance under section 14A, citing precedents. The Assessee's appeal contesting discount claim disallowance and interest levy was allowed, directing deletion of additions. The Tribunal ruled in favor of the Assessee based on previous decisions, deleting the disallowance under section 14A and addressing interest levy under section 234D as consequential. The judgment emphasized legal precedents and consistent decisions, providing detailed reasoning for each party's issues, ensuring a comprehensive analysis. Case-Laws Income Tax Fri, 26 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302214