https://www.taxtmi.com/caselaws?id=190844 The Tribunal set aside the disallowance u/s 14A made by the Assessing Officer using Rule 8D for the assessment year 2007-2008. Citing inapplicability of Rule 8D for that year, the matter was remanded to the Assessing Officer for a fresh decision without invoking the rule. The Tribunal referred to a previous case and directed a reconsideration based on a relevant High Court judgment. As a result, the assessee's appeal was allowed for statistical purposes. en-us Fri, 07 Sep 2012 00:00:00 +0530 Sat, 04 Mar 2017 10:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190844 The Tribunal set aside the disallowance u/s 14A made by the Assessing Officer using Rule 8D for the assessment year 2007-2008. Citing inapplicability of Rule 8D for that year, the matter was remanded to the Assessing Officer for a fresh decision without invoking the rule. The Tribunal referred to a previous case and directed a reconsideration based on a relevant High Court judgment. As a result, the assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 07 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190844