https://www.taxtmi.com/caselaws?id=242114 The Tribunal upheld the decisions of the CIT(A) in both cases, ruling in favor of the assessee regarding the disallowances under Section 14A r.w.s. 8D and the deletion of bad debt for Assessment Years 2007-08 and 2009-10. The Tribunal emphasized the need for the Revenue to establish the applicability of Section 14A and Rule 8D in cases involving disallowances related to investments. The judgments were pronounced on 17.12.2013. en-us Tue, 17 Dec 2013 00:00:00 +0530 Wed, 08 Jan 2014 08:22:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242114 The Tribunal upheld the decisions of the CIT(A) in both cases, ruling in favor of the assessee regarding the disallowances under Section 14A r.w.s. 8D and the deletion of bad debt for Assessment Years 2007-08 and 2009-10. The Tribunal emphasized the need for the Revenue to establish the applicability of Section 14A and Rule 8D in cases involving disallowances related to investments. The judgments were pronounced on 17.12.2013. Case-Laws Income Tax Tue, 17 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242114