https://www.taxtmi.com/caselaws?id=304953 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, restricting the disallowance under Section 14A to Rs.50,000, aligning with the actual exempt income earned by the assessee. The decision was based on previous rulings and specific case circumstances, favoring the assessee. en-us Wed, 15 Jun 2022 00:00:00 +0530 Mon, 07 Nov 2022 23:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304953 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, restricting the disallowance under Section 14A to Rs.50,000, aligning with the actual exempt income earned by the assessee. The decision was based on previous rulings and specific case circumstances, favoring the assessee. Case-Laws Income Tax Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304953