https://www.taxtmi.com/caselaws?id=356379 The appeal was partly allowed for statistical purposes, with the Commissioner recognizing the limitations on disallowance under section 14A and rule 8D. The Commissioner directed the Assessing Officer to consider the appellant's computations and compute the income accordingly, emphasizing that disallowance should be based on expenses related to earning exempt income, not just the exempt income itself. en-us Wed, 28 Feb 2018 00:00:00 +0530 Mon, 05 Mar 2018 10:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356379 The appeal was partly allowed for statistical purposes, with the Commissioner recognizing the limitations on disallowance under section 14A and rule 8D. The Commissioner directed the Assessing Officer to consider the appellant's computations and compute the income accordingly, emphasizing that disallowance should be based on expenses related to earning exempt income, not just the exempt income itself. Case-Laws Income Tax Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356379