ITAT Holds No Disallowance under Section 14A if No Exempt Income is Earned :
The Income Tax Appellate Tribunal (ITAT) Ahmedabad has held that no disallowance under Section 14A of the Income-tax Act, 1961 can be made where the assessee has not earned any exempt income during the assessment year.
ITAT Upholds Deletion of Section 14A Addition
Saima
Jul 2, 2026
Premium
ITAT Holds No Disallowance under Section 14A if No Exempt Income is Earned
The Income Tax Appellate Tribunal (ITAT) Ahmedabad has held that no disallowance under Section 14A of the Income-tax Act, 1961 can be made where the assessee has not earned any exempt income during the assessment year.
Also Read
About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
648My Recent Articles
- Universal Unity Trust Withdraws Appeals Against CIT(E) Order
- ITAT Holds AO Should Have Invoked Sections 147 And 148A After April 2021 Amendment
- ITAT Holds Handmade Production Through Karigars Eligible
- ITAT Quashes Assessment Under Section 143(3) Where Search-Related Information Mandated Reassessment
- ITAT Remands Transfer Pricing Adjustment for Fresh Examination of Comparables
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts