https://www.taxtmi.com/caselaws?id=203563 The appeal was partly allowed. The delay in filing the appeal was condoned by the Tribunal due to bonafide reasons. The Tribunal directed the Assessing Officer to reconsider the disallowance under section 14A without applying Rule 8D, emphasizing that only actual expenditure related to earning exempt income should be disallowed. en-us Wed, 10 Nov 2010 00:00:00 +0530 Fri, 20 Jan 2012 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203563 The appeal was partly allowed. The delay in filing the appeal was condoned by the Tribunal due to bonafide reasons. The Tribunal directed the Assessing Officer to reconsider the disallowance under section 14A without applying Rule 8D, emphasizing that only actual expenditure related to earning exempt income should be disallowed. Case-Laws Income Tax Wed, 10 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203563