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, 2026Premium
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.
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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
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