https://www.taxtmi.com/caselaws?id=362398 The Tribunal allowed the assessee's appeal by directing the deletion of disallowances under section 14A read with Rule 8D. The issue of adjusting the disallowance with book profit under section 115JB was restored to the AO for reconsideration. Additionally, the excess interest levied under sections 234B and 234C was ordered to be deleted. The decision was rendered on 20.06.2018. en-us Wed, 20 Jun 2018 00:00:00 +0530 Mon, 25 Jun 2018 09:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362398 The Tribunal allowed the assessee's appeal by directing the deletion of disallowances under section 14A read with Rule 8D. The issue of adjusting the disallowance with book profit under section 115JB was restored to the AO for reconsideration. Additionally, the excess interest levied under sections 234B and 234C was ordered to be deleted. The decision was rendered on 20.06.2018. Case-Laws Income Tax Wed, 20 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362398