https://www.taxtmi.com/caselaws?id=349024 The High Court upheld the Income Tax Appellate Tribunal's decision for the assessment year 2008-2009, regarding the addition under Section 14A read with Rule 8D and interest payment under Section 244A on self-assessment tax. The Tribunal's reliance on judgments from different High Courts was challenged, leading to the matter being taken to the Supreme Court. The High Court emphasized judicial discipline and precedent, ultimately ruling in favor of the assessee, emphasizing the importance of consistency in applying legal principles across cases. en-us Mon, 25 Sep 2017 00:00:00 +0530 Thu, 05 Oct 2017 09:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349024 The High Court upheld the Income Tax Appellate Tribunal's decision for the assessment year 2008-2009, regarding the addition under Section 14A read with Rule 8D and interest payment under Section 244A on self-assessment tax. The Tribunal's reliance on judgments from different High Courts was challenged, leading to the matter being taken to the Supreme Court. The High Court emphasized judicial discipline and precedent, ultimately ruling in favor of the assessee, emphasizing the importance of consistency in applying legal principles across cases. Case-Laws Income Tax Mon, 25 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349024