https://www.taxtmi.com/caselaws?id=428783 The Tribunal upheld the Ld. CIT(A)'s decision in deleting the disallowances made by the AO. The Tribunal affirmed that the Ld. CIT(A) correctly applied the provisions of the Income Tax Act, noting that no disallowance could be made under section 14A in the absence of exempt income. The appeal of the Revenue was dismissed in its entirety. en-us Fri, 30 Sep 2022 00:00:00 +0530 Mon, 10 Oct 2022 23:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428783 The Tribunal upheld the Ld. CIT(A)'s decision in deleting the disallowances made by the AO. The Tribunal affirmed that the Ld. CIT(A) correctly applied the provisions of the Income Tax Act, noting that no disallowance could be made under section 14A in the absence of exempt income. The appeal of the Revenue was dismissed in its entirety. Case-Laws Income Tax Fri, 30 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428783