https://www.taxtmi.com/caselaws?id=188124 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of Rs. 42,22,857/- under Section 14A of the Income-tax Act. The Revenue's appeal was dismissed, confirming the deletion of the disallowance. The Tribunal stressed the importance of the Assessing Officer properly establishing the need for invoking Section 14A and Rule 8D before making such disallowances. The decision was rendered on 05/05/2016. en-us Thu, 05 May 2016 00:00:00 +0530 Fri, 18 Nov 2016 17:41:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188124 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of Rs. 42,22,857/- under Section 14A of the Income-tax Act. The Revenue's appeal was dismissed, confirming the deletion of the disallowance. The Tribunal stressed the importance of the Assessing Officer properly establishing the need for invoking Section 14A and Rule 8D before making such disallowances. The decision was rendered on 05/05/2016. Case-Laws Income Tax Thu, 05 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188124