https://www.taxtmi.com/caselaws?id=279722 The Tribunal set aside the order of the CIT(A) and directed the Assessing Officer to reconsider the disallowance made under section 14A of the Income Tax Act, emphasizing that the disallowance under Rule 8D should not exceed the total expenditure claimed by the assessee. The appeal by the assessee was treated as allowed for statistical purposes, with the order pronounced on 17.10.2016. en-us Mon, 17 Oct 2016 00:00:00 +0530 Wed, 03 Apr 2019 05:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279722 The Tribunal set aside the order of the CIT(A) and directed the Assessing Officer to reconsider the disallowance made under section 14A of the Income Tax Act, emphasizing that the disallowance under Rule 8D should not exceed the total expenditure claimed by the assessee. The appeal by the assessee was treated as allowed for statistical purposes, with the order pronounced on 17.10.2016. Case-Laws Income Tax Mon, 17 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279722