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    <title>2015 (6) TMI 140 - BOMBAY HIGH COURT</title>
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    <description>The HC upheld the Tribunal&#039;s acceptance of the CIT(A)&#039;s revised disallowance, which apportioned only 10% of income as expenses related to earning dividend income under Rule 8D(ii). The court found no substantial question of law, affirming that investment figures could be used with appropriate expense allocation. The decision favored the assessee, consistent with precedent.</description>
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      <description>The HC upheld the Tribunal&#039;s acceptance of the CIT(A)&#039;s revised disallowance, which apportioned only 10% of income as expenses related to earning dividend income under Rule 8D(ii). The court found no substantial question of law, affirming that investment figures could be used with appropriate expense allocation. The decision favored the assessee, consistent with precedent.</description>
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