Tribunal held that available own funds are excess of investments, no disallowance can be made. (AY. 2014-15)
Vedanta Ltd. v. ACIT (2020) 84 ITR 84 (Delhi)(Trib.)
S. 14A : Disallowance of expenditure-Exempt income-Own funds excess of investments-No disallowance can be made. [R. 8D]