https://www.taxtmi.com/caselaws?id=306977 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of expenses under section 14A read with Rule 8D. The Tribunal found that the assessee had not earned dividend income or incurred any expenditure towards exempt income during the relevant year, in line with legal precedents cited from the Delhi High Court and the Apex Court. The appeal was dismissed, affirming the CIT(A)'s decision. en-us Wed, 17 Feb 2021 00:00:00 +0530 Fri, 10 Mar 2023 20:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306977 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of expenses under section 14A read with Rule 8D. The Tribunal found that the assessee had not earned dividend income or incurred any expenditure towards exempt income during the relevant year, in line with legal precedents cited from the Delhi High Court and the Apex Court. The appeal was dismissed, affirming the CIT(A)'s decision. Case-Laws Income Tax Wed, 17 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306977