https://www.taxtmi.com/caselaws?id=775788 The ITAT Lucknow held that no disallowance under section 14A was warranted as the assessee did not claim any exempt income, and the explanation to section 14A was not applicable for the assessment year 2017-18. The CIT(A) failed to distinguish the case laws cited by the assessee, which pertained to the pre-amendment period. Following the Delhi HC decision in Era Infrastructure, the AO was directed to delete the disallowance. The assessee's appeal was allowed. en-us Tue, 29 Jul 2025 00:00:00 +0530 Thu, 31 Jul 2025 08:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775788 The ITAT Lucknow held that no disallowance under section 14A was warranted as the assessee did not claim any exempt income, and the explanation to section 14A was not applicable for the assessment year 2017-18. The CIT(A) failed to distinguish the case laws cited by the assessee, which pertained to the pre-amendment period. Following the Delhi HC decision in Era Infrastructure, the AO was directed to delete the disallowance. The assessee's appeal was allowed. Case-Laws Income Tax Tue, 29 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775788