https://www.taxtmi.com/caselaws?id=196335 The Tribunal partly allowed the appeal, deleting the interest disallowance but confirming the disallowance of indirect expenses. It directed the calculation of disallowance related to investments in partnership firms, aligning with the previous year's judgment due to the absence of fresh investments. The decision provided a detailed analysis of the disallowance under section 14A read with rule 8D for A.Y. 2009-10, considering specific arguments and legal precedents for a balanced outcome. en-us Mon, 10 Nov 2014 00:00:00 +0530 Tue, 28 Nov 2017 08:39:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196335 The Tribunal partly allowed the appeal, deleting the interest disallowance but confirming the disallowance of indirect expenses. It directed the calculation of disallowance related to investments in partnership firms, aligning with the previous year's judgment due to the absence of fresh investments. The decision provided a detailed analysis of the disallowance under section 14A read with rule 8D for A.Y. 2009-10, considering specific arguments and legal precedents for a balanced outcome. Case-Laws Income Tax Mon, 10 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196335