https://www.taxtmi.com/caselaws?id=252855 The Tribunal allowed the Revenue's appeal and remanded the case to the Assessing Officer for recalculating the disallowance of expenditure under Section 14A with Rule 8D. The Tribunal emphasized the importance of following the correct method prescribed in Rule 8D when assessing expenditure related to exempt income, noting errors in the AO's previous calculation. en-us Tue, 21 Oct 2014 00:00:00 +0530 Thu, 06 Nov 2014 05:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252855 The Tribunal allowed the Revenue's appeal and remanded the case to the Assessing Officer for recalculating the disallowance of expenditure under Section 14A with Rule 8D. The Tribunal emphasized the importance of following the correct method prescribed in Rule 8D when assessing expenditure related to exempt income, noting errors in the AO's previous calculation. Case-Laws Income Tax Tue, 21 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252855