https://www.taxtmi.com/caselaws?id=331614 The appeal was allowed for statistical purposes, with the Tribunal directing the Assessing Officer to recalculate the disallowance of Rs. 32,75,430 under Section 14A of the Income Tax Act. The Tribunal emphasized the need to use net interest paid for the calculation and remanded the issue for further assessment based on the partnership's various income sources, investments, and capital beyond share trading. en-us Fri, 22 Jul 2016 00:00:00 +0530 Mon, 29 Aug 2016 11:29:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331614 The appeal was allowed for statistical purposes, with the Tribunal directing the Assessing Officer to recalculate the disallowance of Rs. 32,75,430 under Section 14A of the Income Tax Act. The Tribunal emphasized the need to use net interest paid for the calculation and remanded the issue for further assessment based on the partnership's various income sources, investments, and capital beyond share trading. Case-Laws Income Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331614