https://www.taxtmi.com/caselaws?id=306418 The tribunal partially allowed the appellant's appeal in a case involving the disallowance of expenses under section 14A, deduction of interest paid on TDS under section 37(1), and disallowance of entry tax liability under section 43B of the Income Tax Act, 1961. The tribunal directed the Assessing Officer to re-compute the disallowance under section 14A considering only investments generating exempt dividend income, deleted the disallowance of interest paid on TDS following a precedent, and dismissed the claim for allowing the deduction of entry tax liability but granted liberty to claim it on a payment basis in relevant years. en-us Fri, 13 Mar 2020 00:00:00 +0530 Mon, 30 Jan 2023 09:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306418 The tribunal partially allowed the appellant's appeal in a case involving the disallowance of expenses under section 14A, deduction of interest paid on TDS under section 37(1), and disallowance of entry tax liability under section 43B of the Income Tax Act, 1961. The tribunal directed the Assessing Officer to re-compute the disallowance under section 14A considering only investments generating exempt dividend income, deleted the disallowance of interest paid on TDS following a precedent, and dismissed the claim for allowing the deduction of entry tax liability but granted liberty to claim it on a payment basis in relevant years. Case-Laws Income Tax Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306418