https://www.taxtmi.com/caselaws?id=279055 The appeals against the orders of Ld.CIT(A) for AY 2009-10 and 2011-12, involving disallowance u/s 14A based on Rule 8D(2)(ii)(iii), were allowed for statistical purposes. The Tribunal directed a re-decision by Ld.CIT(A) in line with a High Court ruling emphasizing the retrospective applicability of legal decisions in tax matters. The need for authorities to consider such precedents was underscored, leading to the setting aside of the previous orders for reevaluation. en-us Wed, 21 Mar 2018 00:00:00 +0530 Fri, 01 Mar 2019 07:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279055 The appeals against the orders of Ld.CIT(A) for AY 2009-10 and 2011-12, involving disallowance u/s 14A based on Rule 8D(2)(ii)(iii), were allowed for statistical purposes. The Tribunal directed a re-decision by Ld.CIT(A) in line with a High Court ruling emphasizing the retrospective applicability of legal decisions in tax matters. The need for authorities to consider such precedents was underscored, leading to the setting aside of the previous orders for reevaluation. Case-Laws Income Tax Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279055