https://www.taxtmi.com/caselaws?id=361028 The Tribunal partly allowed the appeal by deleting the addition under Rule 8D(2)(ii) for disallowance under Section 14A and directing the AO to recompute the disallowance under Rule 8D(2)(iii) considering only dividend-yielding investments. Additionally, the Tribunal directed the AO to allow proportionate TDS credit for the amount offered to tax and the balance in subsequent years in the case of non-allowance of TDS credit on mobilization advance. en-us Wed, 23 May 2018 00:00:00 +0530 Mon, 08 Aug 2022 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361028 The Tribunal partly allowed the appeal by deleting the addition under Rule 8D(2)(ii) for disallowance under Section 14A and directing the AO to recompute the disallowance under Rule 8D(2)(iii) considering only dividend-yielding investments. Additionally, the Tribunal directed the AO to allow proportionate TDS credit for the amount offered to tax and the balance in subsequent years in the case of non-allowance of TDS credit on mobilization advance. Case-Laws Income Tax Wed, 23 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361028