https://www.taxtmi.com/caselaws?id=470431 Disallowance relating to exempt dividend income under Section 14A was restored for fresh appellate adjudication because the assessee claimed that no expenditure was incurred to earn exempt income and investments were not funded by external borrowings; consistent treatment was considered appropriate as earlier-year proceedings remained pending. Reimbursement of processing and mining expenses was also remitted for adjudication because the corresponding earlier-year issue remained pending. Transportation expenditure was directed to be allowed because supporting material was produced and its factual contents were not disputed by the revenue authorities. en-us Thu, 20 Mar 2025 00:00:00 +0530 Mon, 27 Jul 2026 19:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470431 Disallowance relating to exempt dividend income under Section 14A was restored for fresh appellate adjudication because the assessee claimed that no expenditure was incurred to earn exempt income and investments were not funded by external borrowings; consistent treatment was considered appropriate as earlier-year proceedings remained pending. Reimbursement of processing and mining expenses was also remitted for adjudication because the corresponding earlier-year issue remained pending. Transportation expenditure was directed to be allowed because supporting material was produced and its factual contents were not disputed by the revenue authorities. Case-Laws Income Tax Thu, 20 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470431