https://www.taxtmi.com/caselaws?id=435097 The appellant's delay in re-filing the appeal was condoned due to the impact of the Covid-19 pandemic, despite an unsatisfactory reason provided. Regarding the disallowance under Section 14A of the Income Tax Act, 1961, the Tribunal upheld the disallowance made by the Assessing Officer, finding that the appellant made investments for strategic purposes and had not earned any exempted dividend income. The appeal was closed as there was no substantial question of law, with the appellant having the option to re-open the appeal if successful in a pending Special Leave Petition related to another case. en-us Tue, 07 Feb 2023 00:00:00 +0530 Fri, 10 Mar 2023 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435097 The appellant's delay in re-filing the appeal was condoned due to the impact of the Covid-19 pandemic, despite an unsatisfactory reason provided. Regarding the disallowance under Section 14A of the Income Tax Act, 1961, the Tribunal upheld the disallowance made by the Assessing Officer, finding that the appellant made investments for strategic purposes and had not earned any exempted dividend income. The appeal was closed as there was no substantial question of law, with the appellant having the option to re-open the appeal if successful in a pending Special Leave Petition related to another case. Case-Laws Income Tax Tue, 07 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435097