https://www.taxtmi.com/caselaws?id=211795 The court remitted the matter to the Assessing Officer (AO) for re-examination of the disallowance under Section 14A of the Income Tax Act, without expressing a view on whether any disallowance should be made. The AO was instructed to adhere to the principles outlined in the Maxopp Investment Ltd. case and ensure that any disallowance, if warranted, does not surpass the original amount as reduced by the CIT(Appeals). No costs were awarded in this case. en-us Tue, 28 Feb 2012 00:00:00 +0530 Wed, 12 Dec 2012 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211795 The court remitted the matter to the Assessing Officer (AO) for re-examination of the disallowance under Section 14A of the Income Tax Act, without expressing a view on whether any disallowance should be made. The AO was instructed to adhere to the principles outlined in the Maxopp Investment Ltd. case and ensure that any disallowance, if warranted, does not surpass the original amount as reduced by the CIT(Appeals). No costs were awarded in this case. Case-Laws Income Tax Tue, 28 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211795