https://www.taxtmi.com/caselaws?id=249682 The Tribunal sent the matter back to the Assessing Officer for further examination regarding the disallowance of indirect administrative expenditure under section 14A, emphasizing the initial onus on the assessee to present its case. In relation to the disallowance of expenditure on personal use of assets, the Tribunal upheld the disallowance at 5% for statistical purposes, maintaining consistency with a previous decision. The Tribunal's judgment provided detailed legal analysis and referenced relevant case law to support its decisions. en-us Fri, 06 Jun 2014 00:00:00 +0530 Mon, 21 Jul 2014 07:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249682 The Tribunal sent the matter back to the Assessing Officer for further examination regarding the disallowance of indirect administrative expenditure under section 14A, emphasizing the initial onus on the assessee to present its case. In relation to the disallowance of expenditure on personal use of assets, the Tribunal upheld the disallowance at 5% for statistical purposes, maintaining consistency with a previous decision. The Tribunal's judgment provided detailed legal analysis and referenced relevant case law to support its decisions. Case-Laws Income Tax Fri, 06 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249682