https://www.taxtmi.com/caselaws?id=268721 The Tribunal dismissed the ground related to disallowed share issue expenses as the appellant did not press the issue. Regarding the rejection of the claim under Section 14A(2) read with Rule 8D, the Tribunal remanded both appeals to the Assessing Officer for reevaluation in light of a previous case, emphasizing a thorough examination of disallowable expenditure and providing the assessee with a fair opportunity to present their case. The appeals were disposed of with one allowed and the other partly allowed for statistical purposes. en-us Wed, 14 Oct 2015 00:00:00 +0530 Tue, 01 Dec 2015 00:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268721 The Tribunal dismissed the ground related to disallowed share issue expenses as the appellant did not press the issue. Regarding the rejection of the claim under Section 14A(2) read with Rule 8D, the Tribunal remanded both appeals to the Assessing Officer for reevaluation in light of a previous case, emphasizing a thorough examination of disallowable expenditure and providing the assessee with a fair opportunity to present their case. The appeals were disposed of with one allowed and the other partly allowed for statistical purposes. Case-Laws Income Tax Wed, 14 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268721