https://www.taxtmi.com/caselaws?id=382777 The High Court dismissed the Revenue's appeal, upholding the Tribunal's decision to delete the disallowance under Section 14A of the Income Tax Act. The Court emphasized that the Assessing Officer must express dissatisfaction with the assessee's claim before applying Rule 8D, which was not done in this case. The appeal did not raise a substantial question of law, leading to the affirmation of the Tribunal's order. en-us Tue, 18 Jun 2019 00:00:00 +0530 Wed, 21 Aug 2019 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382777 The High Court dismissed the Revenue's appeal, upholding the Tribunal's decision to delete the disallowance under Section 14A of the Income Tax Act. The Court emphasized that the Assessing Officer must express dissatisfaction with the assessee's claim before applying Rule 8D, which was not done in this case. The appeal did not raise a substantial question of law, leading to the affirmation of the Tribunal's order. Case-Laws Income Tax Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382777