https://www.taxtmi.com/caselaws?id=361573 The ITAT allowed the appeal, directing the AO to delete the disallowances under Section 40(a) and Section 14A. It emphasized the lack of a permanent establishment in India for the recipients of the payments for advertisement expenses and consultancy fees, and the mandatory requirement of recording satisfaction before invoking Rule 8D for disallowance under Section 14A. en-us Tue, 29 May 2018 00:00:00 +0530 Sat, 09 Jun 2018 08:45:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361573 The ITAT allowed the appeal, directing the AO to delete the disallowances under Section 40(a) and Section 14A. It emphasized the lack of a permanent establishment in India for the recipients of the payments for advertisement expenses and consultancy fees, and the mandatory requirement of recording satisfaction before invoking Rule 8D for disallowance under Section 14A. Case-Laws Income Tax Tue, 29 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361573