https://www.taxtmi.com/caselaws?id=265118 The Tribunal partly allowed the appeal, remanding the disallowance of interest expenses under Rule 8D(2)(ii) to the AO for fresh consideration. The Tribunal directed the AO to limit the disallowance under Rule 8D(2)(iii) to the amount of tax-exempt income, following the Delhi High Court's decision. en-us Fri, 04 Sep 2015 00:00:00 +0530 Wed, 07 Oct 2015 07:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265118 The Tribunal partly allowed the appeal, remanding the disallowance of interest expenses under Rule 8D(2)(ii) to the AO for fresh consideration. The Tribunal directed the AO to limit the disallowance under Rule 8D(2)(iii) to the amount of tax-exempt income, following the Delhi High Court's decision. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265118