https://www.taxtmi.com/caselaws?id=303518 The Tribunal partly allowed the appeal, upholding the disallowance under Section 14A due to insufficient evidence. However, the disallowances of BMC and Customs charges under Section 37(1) were deleted as they were considered compensatory and essential for business operations, not penalties for unlawful acts. The order was issued on 4th November 2015. en-us Wed, 04 Nov 2015 00:00:00 +0530 Wed, 27 Jul 2022 21:28:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303518 The Tribunal partly allowed the appeal, upholding the disallowance under Section 14A due to insufficient evidence. However, the disallowances of BMC and Customs charges under Section 37(1) were deleted as they were considered compensatory and essential for business operations, not penalties for unlawful acts. The order was issued on 4th November 2015. Case-Laws Income Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303518