https://www.taxtmi.com/caselaws?id=771775 The SC/Tribunal addressed the computation of disallowance under section 14A of Income Tax Act. The key ruling mandates that only investments yielding exempt income should be considered for calculating disallowance, not all investments held by the assessee. The matter was remanded to the Assessing Officer for fresh computation, ensuring compliance with the Special Bench precedent and providing the assessee an opportunity to present evidence. en-us Tue, 27 May 2025 00:00:00 +0530 Fri, 30 May 2025 08:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771775 The SC/Tribunal addressed the computation of disallowance under section 14A of Income Tax Act. The key ruling mandates that only investments yielding exempt income should be considered for calculating disallowance, not all investments held by the assessee. The matter was remanded to the Assessing Officer for fresh computation, ensuring compliance with the Special Bench precedent and providing the assessee an opportunity to present evidence. Case-Laws Income Tax Tue, 27 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771775