https://www.taxtmi.com/caselaws?id=423177 The Tribunal upheld the CIT(A)'s decision in the case, restricting the disallowance under Section 14A to the extent of exempt income earned by the assessee, following the precedent set by the Hon'ble Tribunal in ACIT Vs Vireet Investments Pvt Ltd. Additionally, the Tribunal affirmed the CIT(A)'s decision regarding the treatment of interest under Section 36(1)(iii) and the setoff of carry-forward long-term capital losses. The issue of payments/reimbursements to Lodha Developers UK Ltd was remanded back to the A.O. for further examination based on additional evidence presented by the assessee. en-us Mon, 28 Mar 2022 00:00:00 +0530 Mon, 30 May 2022 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423177 The Tribunal upheld the CIT(A)'s decision in the case, restricting the disallowance under Section 14A to the extent of exempt income earned by the assessee, following the precedent set by the Hon'ble Tribunal in ACIT Vs Vireet Investments Pvt Ltd. Additionally, the Tribunal affirmed the CIT(A)'s decision regarding the treatment of interest under Section 36(1)(iii) and the setoff of carry-forward long-term capital losses. The issue of payments/reimbursements to Lodha Developers UK Ltd was remanded back to the A.O. for further examination based on additional evidence presented by the assessee. Case-Laws Income Tax Mon, 28 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423177