https://www.taxtmi.com/caselaws?id=272454 The ITAT acknowledged that the assessee's own capital exceeded the investments, leading to the deletion of the disallowance made by the AO under Section 14A. The ITAT recognized its failure to consider previous orders showing the investments were made from the assessee's own funds, justifying no interest disallowance. A mistake apparent from the record was found, and the impugned order was recalled for limited adjudication. The assessee's Miscellaneous Application was allowed, and the case was set for further hearing. en-us Fri, 10 Nov 2017 00:00:00 +0530 Fri, 04 May 2018 08:52:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272454 The ITAT acknowledged that the assessee's own capital exceeded the investments, leading to the deletion of the disallowance made by the AO under Section 14A. The ITAT recognized its failure to consider previous orders showing the investments were made from the assessee's own funds, justifying no interest disallowance. A mistake apparent from the record was found, and the impugned order was recalled for limited adjudication. The assessee's Miscellaneous Application was allowed, and the case was set for further hearing. Case-Laws Income Tax Fri, 10 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272454