https://www.taxtmi.com/caselaws?id=438150 The Revenue's appeals challenging various disallowances under different sections of the Act were dismissed by the Tribunal. The Tribunal upheld the CIT(A)'s decisions, including restricting disallowance under Section 14A to the amount of exempt income earned, confirming eligibility for deduction under Section 80JJA, deleting disallowance of prior period expenses, and rejecting the claim of deduction under Section 35(1)(iv). Additionally, the Tribunal held that disallowance under Section 14A does not apply to Minimum Alternate Tax (MAT) computation under Section 115JB. The Tribunal found no reason to interfere with the CIT(A)'s conclusions on all issues. en-us Fri, 19 May 2023 00:00:00 +0530 Wed, 24 May 2023 09:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438150 The Revenue's appeals challenging various disallowances under different sections of the Act were dismissed by the Tribunal. The Tribunal upheld the CIT(A)'s decisions, including restricting disallowance under Section 14A to the amount of exempt income earned, confirming eligibility for deduction under Section 80JJA, deleting disallowance of prior period expenses, and rejecting the claim of deduction under Section 35(1)(iv). Additionally, the Tribunal held that disallowance under Section 14A does not apply to Minimum Alternate Tax (MAT) computation under Section 115JB. The Tribunal found no reason to interfere with the CIT(A)'s conclusions on all issues. Case-Laws Income Tax Fri, 19 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438150