https://www.taxtmi.com/caselaws?id=377910 The tribunal set aside the issue to the AO for fresh adjudication, directing verification of the assessee's working of disallowance based on actual expenses incurred. The AO was instructed to consider only investments yielding exempt income and include strategic investments in the computation. The tribunal emphasized providing proper opportunity for the assessee to present its case. The appeal was allowed for statistical purposes. en-us Fri, 29 Mar 2019 00:00:00 +0530 Thu, 04 Apr 2019 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377910 The tribunal set aside the issue to the AO for fresh adjudication, directing verification of the assessee's working of disallowance based on actual expenses incurred. The AO was instructed to consider only investments yielding exempt income and include strategic investments in the computation. The tribunal emphasized providing proper opportunity for the assessee to present its case. The appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377910