https://www.taxtmi.com/caselaws?id=362131 The ITAT partially allowed the Revenue's appeal by directing a 0.5% disallowance on dividend-earning scrip under Rule 8D(2)(iii) and remanding the computation of book profit under Section 115JB for independent assessment. The appeals on notional interest on sticky loans and depreciation on assets acquired from NABARD withdrawals were dismissed in favor of the assessee, emphasizing adherence to legal precedents and tax law provisions. en-us Fri, 08 Jun 2018 00:00:00 +0530 Wed, 20 Jun 2018 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362131 The ITAT partially allowed the Revenue's appeal by directing a 0.5% disallowance on dividend-earning scrip under Rule 8D(2)(iii) and remanding the computation of book profit under Section 115JB for independent assessment. The appeals on notional interest on sticky loans and depreciation on assets acquired from NABARD withdrawals were dismissed in favor of the assessee, emphasizing adherence to legal precedents and tax law provisions. Case-Laws Income Tax Fri, 08 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362131