https://www.taxtmi.com/caselaws?id=268204 The revenue's appeal was dismissed, and the assessee's Cross Objection was allowed. The Tribunal emphasized the importance of the AO recording satisfaction before applying Section 14A read with Rule 8D and upheld the method of apportioning expenses based on turnover for calculating the rebate under Section 88E. en-us Wed, 07 Oct 2015 00:00:00 +0530 Sat, 21 Nov 2015 12:47:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268204 The revenue's appeal was dismissed, and the assessee's Cross Objection was allowed. The Tribunal emphasized the importance of the AO recording satisfaction before applying Section 14A read with Rule 8D and upheld the method of apportioning expenses based on turnover for calculating the rebate under Section 88E. Case-Laws Income Tax Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268204