https://www.taxtmi.com/caselaws?id=333373 The Tribunal dismissed the revenue's appeal on all three issues, upholding the Ld.CIT(A)'s decisions. The disallowance under section 14A was reduced to &8377;7,59,39,128, as Rule 8D was deemed inapplicable. The addition for computing book profit under section 115JB was deleted, following a previous Tribunal order. Interest under section 234B was not charged, with the Tribunal directing the AO to recalculate interest by excluding MAT liability. The decisions were supported by legal precedents and case-specific considerations. en-us Thu, 25 Aug 2016 00:00:00 +0530 Wed, 12 Oct 2016 17:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333373 The Tribunal dismissed the revenue's appeal on all three issues, upholding the Ld.CIT(A)'s decisions. The disallowance under section 14A was reduced to &8377;7,59,39,128, as Rule 8D was deemed inapplicable. The addition for computing book profit under section 115JB was deleted, following a previous Tribunal order. Interest under section 234B was not charged, with the Tribunal directing the AO to recalculate interest by excluding MAT liability. The decisions were supported by legal precedents and case-specific considerations. Case-Laws Income Tax Thu, 25 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333373