https://www.taxtmi.com/caselaws?id=325540 The Tribunal allowed the assessee's appeals for the Assessment Years 2008-09 and 2009-10, partly allowed the appeal for Assessment Year 2010-11, and dismissed the revenue's appeals for all the assessment years. The Tribunal's decision was based on the lack of proper satisfaction recorded by the AO for disallowances under Section 14A, the mandatory capitalization of interest under Section 36(1)(iii), and the sufficiency of the assessee's interest-free funds concerning Section 40A(2). en-us Fri, 05 Feb 2016 00:00:00 +0530 Tue, 22 Mar 2016 00:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325540 The Tribunal allowed the assessee's appeals for the Assessment Years 2008-09 and 2009-10, partly allowed the appeal for Assessment Year 2010-11, and dismissed the revenue's appeals for all the assessment years. The Tribunal's decision was based on the lack of proper satisfaction recorded by the AO for disallowances under Section 14A, the mandatory capitalization of interest under Section 36(1)(iii), and the sufficiency of the assessee's interest-free funds concerning Section 40A(2). Case-Laws Income Tax Fri, 05 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325540