https://www.taxtmi.com/caselaws?id=328820 The Tribunal partly allowed the appeal, directing deletion of disallowances under Rule 8D(2)(ii) and Rule 8D(2)(iii) as the assessee's own funds exceeded investments, rendering disallowance unjustified. Citing relevant High Court decisions, the Tribunal found the AO overlooked strategic investments and directed deletion of said disallowances. en-us Thu, 09 Jun 2016 00:00:00 +0530 Wed, 15 Jun 2016 09:33:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328820 The Tribunal partly allowed the appeal, directing deletion of disallowances under Rule 8D(2)(ii) and Rule 8D(2)(iii) as the assessee's own funds exceeded investments, rendering disallowance unjustified. Citing relevant High Court decisions, the Tribunal found the AO overlooked strategic investments and directed deletion of said disallowances. Case-Laws Income Tax Thu, 09 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328820