https://www.taxtmi.com/caselaws?id=309422 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition made by the AO for disallowance under section 14A of the Income Tax Act, 1961 for Assessment Year 2017-18. The Tribunal emphasized that section 14A would not apply if no exempt income was received, citing various High Court judgments, and stated that all authorities must follow the propositions of the High Courts until the issue is adjudicated by the Supreme Court. en-us Mon, 30 Jan 2023 00:00:00 +0530 Fri, 01 Sep 2023 22:30:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309422 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition made by the AO for disallowance under section 14A of the Income Tax Act, 1961 for Assessment Year 2017-18. The Tribunal emphasized that section 14A would not apply if no exempt income was received, citing various High Court judgments, and stated that all authorities must follow the propositions of the High Courts until the issue is adjudicated by the Supreme Court. Case-Laws Income Tax Mon, 30 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309422