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![ITAT Clarifies Disallowance u/s 14A of Income Tax is Permissible Even without Exempt Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Mumbai-ITAT-Disalowancw-under-section-14A-TAXSCAN.jpg "ITAT Clarifies Disallowance u/s 14A of Income Tax is Permissible Even without Exempt Income [Read Order]")
ITAT Clarifies Disallowance u/s 14A of Income Tax is Permissible Even without Exempt Income [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) upheld the disallowance of expenditure under Section 14A of the Income Tax Act, 1961,...
![Cane Development Council is Local Authority u/s 10(20) of Income Tax Act: ITAT deletes Tax Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cane-Development-Council-is-Local-Authority-us-1020-of-Income-Tax-Act-ITAT-deletes-Tax-Demand-TAXSCAN.jpg "Cane Development Council is Local Authority u/s 10(20) of Income Tax Act: ITAT deletes Tax Demand [Read Order]")
![Compensation received for refraining from carrying on Competitive Business was Capital Receipt, not Taxable: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Compensation-competitive-business-capital-receipt-Madras-HC-Taxscan.jpg "Compensation received for refraining from carrying on Competitive Business was Capital Receipt, not Taxable: Madras High Court [Read Judgment]")