https://www.taxtmi.com/caselaws?id=266208 The ITAT ruled in favor of the assessee, condoning the delay in filing the appeal against the order under section 154 due to a satisfactory explanation provided by the assessee. Additionally, the ITAT set aside the addition made under Rule 8D(2)(iii) as Rule 8D was deemed not applicable for the relevant assessment year, based on the decision in the Godrej & Boyce case. The ITAT clarified that this decision did not impact the pending appeal against the original assessment order's disallowance under section 14A. en-us Wed, 25 Mar 2015 00:00:00 +0530 Mon, 19 Oct 2015 07:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266208 The ITAT ruled in favor of the assessee, condoning the delay in filing the appeal against the order under section 154 due to a satisfactory explanation provided by the assessee. Additionally, the ITAT set aside the addition made under Rule 8D(2)(iii) as Rule 8D was deemed not applicable for the relevant assessment year, based on the decision in the Godrej & Boyce case. The ITAT clarified that this decision did not impact the pending appeal against the original assessment order's disallowance under section 14A. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266208