Section 14A of the Income-tax Act, 1961—Expenditure incurred— Provisions of section 14A would be applicable only from the assessment year 2007-08 and the present appeal being from an assessment year long prior to that, the question has to be answered in favour of the assessee and against the Revenue. - CIT V/s STATE BANK OF TRAVANCORE - [2018] 8 ITCD Online 80 (KER)