https://www.taxtmi.com/caselaws?id=463297 ITAT upheld the appellate authority and ruled for the taxpayer. The addition under section 14A read with Rule 8D was deleted because the assessee's own funds exceeded investments producing exempt income, negating disallowance. Disallowance under section 40(a)(ia) for short TDS was also deleted where the shortfall arose from deduction under a different provision (claiming 194C instead of 194J), treating it as a default issue for recovery rather than a basis for disallowance. en-us Wed, 11 Oct 2017 00:00:00 +0530 Fri, 22 Aug 2025 20:06:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463297 ITAT upheld the appellate authority and ruled for the taxpayer. The addition under section 14A read with Rule 8D was deleted because the assessee's own funds exceeded investments producing exempt income, negating disallowance. Disallowance under section 40(a)(ia) for short TDS was also deleted where the shortfall arose from deduction under a different provision (claiming 194C instead of 194J), treating it as a default issue for recovery rather than a basis for disallowance. Case-Laws Income Tax Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463297