https://www.taxtmi.com/caselaws?id=270819 The Tribunal upheld the Ld. CIT(A)'s decision regarding the computation of interest pertaining to tax-free income under Rule 8D(2)(ii) of the IT Rules 1962. The correct interpretation of the provisions and accurate calculation of average values were essential for determining the disallowance accurately. The appeal by the Revenue was dismissed, and the order was pronounced on 13.11.2015. en-us Fri, 13 Nov 2015 00:00:00 +0530 Sat, 16 Jan 2016 07:55:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270819 The Tribunal upheld the Ld. CIT(A)'s decision regarding the computation of interest pertaining to tax-free income under Rule 8D(2)(ii) of the IT Rules 1962. The correct interpretation of the provisions and accurate calculation of average values were essential for determining the disallowance accurately. The appeal by the Revenue was dismissed, and the order was pronounced on 13.11.2015. Case-Laws Income Tax Fri, 13 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270819