https://www.taxtmi.com/caselaws?id=185417 The Tribunal partly allowed the appeal filed by the Assessing Officer, upholding the First Appellate Authority's decision to delete the disallowance of expenditure for earning exempt dividend income. The Tribunal also confirmed the application of Rule 8D for calculating disallowance under section 14A, restricting administrative expenses to 5% of the dividend income earned. en-us Wed, 12 Feb 2014 00:00:00 +0530 Fri, 12 Aug 2016 12:27:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185417 The Tribunal partly allowed the appeal filed by the Assessing Officer, upholding the First Appellate Authority's decision to delete the disallowance of expenditure for earning exempt dividend income. The Tribunal also confirmed the application of Rule 8D for calculating disallowance under section 14A, restricting administrative expenses to 5% of the dividend income earned. Case-Laws Income Tax Wed, 12 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185417