https://www.taxtmi.com/caselaws?id=373415 The Tribunal partially allowed the appeal, directing the deletion of a disallowance of Rs. 5,70,349 under Section 14A read with Rule 8D of the Income Tax Act, except for Rs. 3,569 related to Demat charges. The Tribunal found that the Assessing Officer did not refer to the books of accounts before making the disallowance, as required by law. The appellant's request for a cost award due to the arbitrary manner of the department's order was not addressed in the judgment. en-us Mon, 15 Oct 2018 00:00:00 +0530 Sat, 12 Jan 2019 07:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373415 The Tribunal partially allowed the appeal, directing the deletion of a disallowance of Rs. 5,70,349 under Section 14A read with Rule 8D of the Income Tax Act, except for Rs. 3,569 related to Demat charges. The Tribunal found that the Assessing Officer did not refer to the books of accounts before making the disallowance, as required by law. The appellant's request for a cost award due to the arbitrary manner of the department's order was not addressed in the judgment. Case-Laws Income Tax Mon, 15 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373415