https://www.taxtmi.com/caselaws?id=427881 The ITAT allowed the assessee's appeal, ordering the deletion of disallowances related to employee contributions to PF and ESI, and adjustments under section 14A. The Tribunal directed the AO to restrict disallowances to the extent of actual exempt income and not to adjust book profits under section 115JB for section 14A disallowances. en-us Wed, 14 Sep 2022 00:00:00 +0530 Fri, 20 Dec 2024 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427881 The ITAT allowed the assessee's appeal, ordering the deletion of disallowances related to employee contributions to PF and ESI, and adjustments under section 14A. The Tribunal directed the AO to restrict disallowances to the extent of actual exempt income and not to adjust book profits under section 115JB for section 14A disallowances. Case-Laws Income Tax Wed, 14 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427881