https://www.taxtmi.com/caselaws?id=305535 The Court upheld the Income Tax Appellate Tribunal's decision to set aside the Commissioner of Income Tax's revision order under Section 263 of the Income Tax Act, 1961 for the assessment year 2010-11. The Court found no substantial question of law regarding the applicability of Section 115JB to disallowances under Section 14A, as the issue had been adequately addressed on merits. The appeal was disposed of in accordance with the order in the assessee's own case, emphasizing the importance of addressing substantial legal questions and ensuring proper consideration of debatable issues within the legal framework. en-us Thu, 23 Dec 2021 00:00:00 +0530 Fri, 09 Dec 2022 20:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305535 The Court upheld the Income Tax Appellate Tribunal's decision to set aside the Commissioner of Income Tax's revision order under Section 263 of the Income Tax Act, 1961 for the assessment year 2010-11. The Court found no substantial question of law regarding the applicability of Section 115JB to disallowances under Section 14A, as the issue had been adequately addressed on merits. The appeal was disposed of in accordance with the order in the assessee's own case, emphasizing the importance of addressing substantial legal questions and ensuring proper consideration of debatable issues within the legal framework. Case-Laws Income Tax Thu, 23 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305535