https://www.taxtmi.com/caselaws?id=427842 The ITAT allowed the appeal, limiting the disallowance under section 14A of the Income Tax Act to the exempt income received during the year. The delay in filing the appeal was condoned by the ITAT, considering the reasons provided. Regarding the applicability of Finance Act 2022 amendments, the ITAT followed the judgment of the Hon'ble Delhi High Court, partly allowing the appeal of the assessee while awaiting the final decision of the Supreme Court in a related case. en-us Wed, 10 Aug 2022 00:00:00 +0530 Sat, 17 Sep 2022 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427842 The ITAT allowed the appeal, limiting the disallowance under section 14A of the Income Tax Act to the exempt income received during the year. The delay in filing the appeal was condoned by the ITAT, considering the reasons provided. Regarding the applicability of Finance Act 2022 amendments, the ITAT followed the judgment of the Hon'ble Delhi High Court, partly allowing the appeal of the assessee while awaiting the final decision of the Supreme Court in a related case. Case-Laws Income Tax Wed, 10 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427842