https://www.taxtmi.com/caselaws?id=182278 The Tribunal set aside the decision of the CIT(A) and remanded the issue back to the Assessing Officer (AO) for fresh consideration regarding the disallowance of expenses under Section 14A of the Income Tax Act. The AO was directed to evaluate the assessee's claim objectively before applying Rule 8D, as per the precedent set by the Bombay High Court. The appeal of the assessee was treated as allowed for statistical purposes. en-us Fri, 05 Aug 2011 00:00:00 +0530 Wed, 11 Oct 2017 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182278 The Tribunal set aside the decision of the CIT(A) and remanded the issue back to the Assessing Officer (AO) for fresh consideration regarding the disallowance of expenses under Section 14A of the Income Tax Act. The AO was directed to evaluate the assessee's claim objectively before applying Rule 8D, as per the precedent set by the Bombay High Court. The appeal of the assessee was treated as allowed for statistical purposes. Case-Laws Income Tax Fri, 05 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182278