https://www.taxtmi.com/caselaws?id=215327 The tribunal dismissed the assessee's appeal regarding the denial of benefit under Section 36(1)(viii) for certain receipts, upholding the exclusion of specific receipts from the deduction. Relief of Rs. 11.72 crores was granted under Section 36(1)(viii), with the issue remanded to the AO for re-examination. The tribunal directed a fresh examination of the restriction of disallowance under Section 14A read with Rule 8D, following the High Court's guidelines. The revenue's appeal was partly allowed for statistical purposes, and the AO was instructed to reconsider the issues in accordance with the High Court's directives. en-us Thu, 31 May 2012 00:00:00 +0530 Mon, 18 Apr 2016 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215327 The tribunal dismissed the assessee's appeal regarding the denial of benefit under Section 36(1)(viii) for certain receipts, upholding the exclusion of specific receipts from the deduction. Relief of Rs. 11.72 crores was granted under Section 36(1)(viii), with the issue remanded to the AO for re-examination. The tribunal directed a fresh examination of the restriction of disallowance under Section 14A read with Rule 8D, following the High Court's guidelines. The revenue's appeal was partly allowed for statistical purposes, and the AO was instructed to reconsider the issues in accordance with the High Court's directives. Case-Laws Income Tax Thu, 31 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215327