https://www.taxtmi.com/caselaws?id=464471 ITAT (Del) partly allowed the appeal. The Tribunal deleted the AO/CIT(A)'s disallowance under s.14A read with r.8D (Rs.6,52,871), finding authorities had not objectively disbelieved the assessee's claim nor identified expenditure incurred to earn exempt income. However, the Tribunal upheld the AO's 20% disallowance (Rs.78,713) from vehicle repair/dep., reasoning the assessee failed to produce logbooks or evidence to rebut probable personal use. Appeal otherwise dismissed. en-us Thu, 23 May 2013 00:00:00 +0530 Fri, 31 Oct 2025 16:40:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464471 ITAT (Del) partly allowed the appeal. The Tribunal deleted the AO/CIT(A)'s disallowance under s.14A read with r.8D (Rs.6,52,871), finding authorities had not objectively disbelieved the assessee's claim nor identified expenditure incurred to earn exempt income. However, the Tribunal upheld the AO's 20% disallowance (Rs.78,713) from vehicle repair/dep., reasoning the assessee failed to produce logbooks or evidence to rebut probable personal use. Appeal otherwise dismissed. Case-Laws Income Tax Thu, 23 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464471