https://www.taxtmi.com/caselaws?id=178780 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under section 14A read with Rule 8D. The Tribunal dismissed the revenue's appeal and agreed with the CIT(A)'s reasoning based on the assessee's own case precedent. Regarding the disallowance of Courtesies & Entertainment Expenses, the Tribunal set aside the CIT(A)'s order and directed the AO to re-examine the matter considering all relevant facts, allowing both the revenue's and the assessee's appeals for statistical purposes. en-us Fri, 21 Jun 2013 00:00:00 +0530 Fri, 12 Feb 2016 14:51:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178780 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under section 14A read with Rule 8D. The Tribunal dismissed the revenue's appeal and agreed with the CIT(A)'s reasoning based on the assessee's own case precedent. Regarding the disallowance of Courtesies & Entertainment Expenses, the Tribunal set aside the CIT(A)'s order and directed the AO to re-examine the matter considering all relevant facts, allowing both the revenue's and the assessee's appeals for statistical purposes. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178780