https://www.taxtmi.com/caselaws?id=186571 The Tribunal upheld the disallowance under Rule 8D(iii) of the Income Tax Act, following precedents and legislative intent. The appeals challenging disallowances under section 14A were dismissed, affirming the lower authorities' decisions. The Commissioner of Income Tax (Appeals) deleted the disallowance under Rule 8D(i) but upheld it under Rule 8D(iii), based on relevant case law. The Tribunal's decision emphasized consistency and adherence to legal principles in determining disallowances related to dividend income. en-us Thu, 10 Apr 2014 00:00:00 +0530 Fri, 23 Sep 2016 11:41:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186571 The Tribunal upheld the disallowance under Rule 8D(iii) of the Income Tax Act, following precedents and legislative intent. The appeals challenging disallowances under section 14A were dismissed, affirming the lower authorities' decisions. The Commissioner of Income Tax (Appeals) deleted the disallowance under Rule 8D(i) but upheld it under Rule 8D(iii), based on relevant case law. The Tribunal's decision emphasized consistency and adherence to legal principles in determining disallowances related to dividend income. Case-Laws Income Tax Thu, 10 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186571