https://www.taxtmi.com/caselaws?id=245917 The Tribunal partially allowed the Assessee's appeal challenging the disallowance under section 14A of the Act for the assessment year 2009-10. The Tribunal found in favor of the Assessee on Ground Nos. 2 & 3, leading to the dismissal of Ground No. 4. The dispute centered on the computation method under Rule 8D, with the Tribunal remitting back the issue of the 1/2 % disallowance on the average value of investments to the AO for reconsideration. The appeal was partly allowed for statistical purposes, with the judgment pronounced on 02/04/2014. en-us Wed, 02 Apr 2014 00:00:00 +0530 Sat, 12 Apr 2014 11:09:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245917 The Tribunal partially allowed the Assessee's appeal challenging the disallowance under section 14A of the Act for the assessment year 2009-10. The Tribunal found in favor of the Assessee on Ground Nos. 2 & 3, leading to the dismissal of Ground No. 4. The dispute centered on the computation method under Rule 8D, with the Tribunal remitting back the issue of the 1/2 % disallowance on the average value of investments to the AO for reconsideration. The appeal was partly allowed for statistical purposes, with the judgment pronounced on 02/04/2014. Case-Laws Income Tax Wed, 02 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245917