https://www.taxtmi.com/caselaws?id=251332 The Tribunal directed the AO to recompute the disallowance under Rule 8D(2)(i) by considering only investments that yielded exempt income. The computation under Rule 8D(2)(iii) was upheld. The issue of interest under Sections 234B and 234D was left to be consequentially determined. The appeal of the assessee was partly allowed. en-us Fri, 27 Jun 2014 00:00:00 +0530 Thu, 11 Sep 2014 08:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251332 The Tribunal directed the AO to recompute the disallowance under Rule 8D(2)(i) by considering only investments that yielded exempt income. The computation under Rule 8D(2)(iii) was upheld. The issue of interest under Sections 234B and 234D was left to be consequentially determined. The appeal of the assessee was partly allowed. Case-Laws Income Tax Fri, 27 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251332