https://www.taxtmi.com/caselaws?id=183360 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to retain the disallowance under Section 14A to the extent of Rs. 5,00,000. The decision emphasized the necessity of the Assessing Officer recording objective satisfaction before applying Rule 8D for disallowance computation under Section 14A. en-us Tue, 21 Oct 2014 00:00:00 +0530 Tue, 07 Jun 2016 11:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183360 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to retain the disallowance under Section 14A to the extent of Rs. 5,00,000. The decision emphasized the necessity of the Assessing Officer recording objective satisfaction before applying Rule 8D for disallowance computation under Section 14A. Case-Laws Income Tax Tue, 21 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183360