https://www.taxtmi.com/caselaws?id=423067 The Tribunal allowed the appeal for statistical purposes, directing the AO to delete the disallowance under section 14A as no exempt income was received or receivable. Regarding the disallowance of deduction under section 43B, the Tribunal remitted the issue back to the AO for proper verification of evidence, emphasizing the need to examine bank statements for verifying actual payments before allowing the deduction. en-us Fri, 08 Apr 2022 00:00:00 +0530 Fri, 27 May 2022 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423067 The Tribunal allowed the appeal for statistical purposes, directing the AO to delete the disallowance under section 14A as no exempt income was received or receivable. Regarding the disallowance of deduction under section 43B, the Tribunal remitted the issue back to the AO for proper verification of evidence, emphasizing the need to examine bank statements for verifying actual payments before allowing the deduction. Case-Laws Income Tax Fri, 08 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423067