https://www.taxtmi.com/caselaws?id=382840 The ITAT partially allowed the appeals concerning disallowances under Section 14A for AYs 2013-14 & 2014-15, deleting disallowances under Rule 8D(2)(ii) but upholding disallowances under Rule 8D(2)(iii). The appeal on the disallowance under Section 36(1)(va) for default in PF payment was dismissed based on a Gujarat High Court decision. Regarding the computation of business income from the sale of flats, the ITAT directed a reexamination for AY 2013-14 and set aside the issue for fresh determination by the AO for AY 2014-15. en-us Tue, 09 Jul 2019 00:00:00 +0530 Wed, 10 Jul 2019 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382840 The ITAT partially allowed the appeals concerning disallowances under Section 14A for AYs 2013-14 & 2014-15, deleting disallowances under Rule 8D(2)(ii) but upholding disallowances under Rule 8D(2)(iii). The appeal on the disallowance under Section 36(1)(va) for default in PF payment was dismissed based on a Gujarat High Court decision. Regarding the computation of business income from the sale of flats, the ITAT directed a reexamination for AY 2013-14 and set aside the issue for fresh determination by the AO for AY 2014-15. Case-Laws Income Tax Tue, 09 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382840