https://www.taxtmi.com/caselaws?id=426617 The Tribunal partly allowed the appeal, directing the Assessing Officer to recompute the disallowance of expenditure under Section 14A by considering only investments yielding exempt income. Additionally, the determination of taxable income at a higher figure was remanded to the Assessing Officer for proper verification and correction based on the appellant's submissions. en-us Fri, 29 Jul 2022 00:00:00 +0530 Sat, 20 Aug 2022 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426617 The Tribunal partly allowed the appeal, directing the Assessing Officer to recompute the disallowance of expenditure under Section 14A by considering only investments yielding exempt income. Additionally, the determination of taxable income at a higher figure was remanded to the Assessing Officer for proper verification and correction based on the appellant's submissions. Case-Laws Income Tax Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426617