https://www.taxtmi.com/caselaws?id=428602 The Tribunal dismissed the Revenue's appeal, upholding the decisions of the Ld. CIT(A) regarding disallowances under section 14A and section 2(24)(x) read with section 36(1)(va) of the Income Tax Act for the assessment year 2016-17. The disallowance under section 14A was deleted as no exempt income was earned, and the disallowance related to late payment of employee's contribution under the Provident Fund Act was also deleted based on precedents cited, including judgments of the Hon'ble Delhi High Court and the Tribunal. en-us Tue, 20 Sep 2022 00:00:00 +0530 Tue, 04 Oct 2022 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428602 The Tribunal dismissed the Revenue's appeal, upholding the decisions of the Ld. CIT(A) regarding disallowances under section 14A and section 2(24)(x) read with section 36(1)(va) of the Income Tax Act for the assessment year 2016-17. The disallowance under section 14A was deleted as no exempt income was earned, and the disallowance related to late payment of employee's contribution under the Provident Fund Act was also deleted based on precedents cited, including judgments of the Hon'ble Delhi High Court and the Tribunal. Case-Laws Income Tax Tue, 20 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428602