https://www.taxtmi.com/caselaws?id=354046 The Tribunal partly allowed the assessee's appeals, overturning disallowances under section 14A and part disallowance of interest expenditure. It emphasized the need for the Assessing Officer to record satisfaction before disallowing under section 14A and clarified that share income from an AOP should not trigger disallowance under section 14A. en-us Fri, 15 Dec 2017 00:00:00 +0530 Wed, 17 Jan 2018 12:02:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354046 The Tribunal partly allowed the assessee's appeals, overturning disallowances under section 14A and part disallowance of interest expenditure. It emphasized the need for the Assessing Officer to record satisfaction before disallowing under section 14A and clarified that share income from an AOP should not trigger disallowance under section 14A. Case-Laws Income Tax Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354046