https://www.taxtmi.com/caselaws?id=366862 The Tribunal allowed both appeals of the assessee based on the lack of proper satisfaction by the Assessing Officer as required by law and relevant judgments. Emphasizing the importance of recording satisfaction before disallowing under section 14A, the Tribunal referenced legal precedents. Considering the surplus funds compared to investments, the Tribunal ruled in favor of the appellant, allowing the appeals in light of presented facts, circumstances, and legal principles. en-us Fri, 07 Sep 2018 00:00:00 +0530 Wed, 12 Sep 2018 09:43:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366862 The Tribunal allowed both appeals of the assessee based on the lack of proper satisfaction by the Assessing Officer as required by law and relevant judgments. Emphasizing the importance of recording satisfaction before disallowing under section 14A, the Tribunal referenced legal precedents. Considering the surplus funds compared to investments, the Tribunal ruled in favor of the appellant, allowing the appeals in light of presented facts, circumstances, and legal principles. Case-Laws Income Tax Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366862