2019 (7) TMI 407 - SCH - Income Tax

Disallowance u/s 14A r.w.r 8D - Expenses incurred on earning exempt income or no - as per HC Tribunal has correctly assessed the materials on record and found that no interest bearing funds were diverted for making tax free income - HELD THAT - SLP dismissed.

Summary

The Supreme Court dismissed the special leave petition as they found no reason to interfere in the matter. The delay was condoned, and any pending applications were disposed of.