https://www.taxtmi.com/caselaws?id=306282 The appeal was allowed in favor of the assessee. The disallowance under Section 14A was vacated due to the lack of recorded satisfaction by the Assessing Officer (A.O) and Commissioner of Income Tax (CIT(A)). Additionally, the Tribunal directed the A.O to allow the deduction of education cess based on the Bombay High Court's judgment in Sesa Goa Limited. en-us Wed, 01 Sep 2021 00:00:00 +0530 Fri, 20 Jan 2023 07:16:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306282 The appeal was allowed in favor of the assessee. The disallowance under Section 14A was vacated due to the lack of recorded satisfaction by the Assessing Officer (A.O) and Commissioner of Income Tax (CIT(A)). Additionally, the Tribunal directed the A.O to allow the deduction of education cess based on the Bombay High Court's judgment in Sesa Goa Limited. Case-Laws Income Tax Wed, 01 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306282