https://www.taxtmi.com/caselaws?id=281968 The ITAT Mumbai allowed all appeals related to the applicability of Rule 8D and Section 14A of the Income Tax Act for the assessment year 2007-2008. The CIT (A) decision was set aside for fresh assessment in consideration of the High Court's judgment, directing the AO to address objections and issue a speaking order for de novo assessment. The ITAT emphasized the importance of properly applying Section 14A provisions and considering the parties' contentions in the assessment process. en-us Wed, 31 Oct 2012 00:00:00 +0530 Mon, 15 Jul 2019 13:03:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281968 The ITAT Mumbai allowed all appeals related to the applicability of Rule 8D and Section 14A of the Income Tax Act for the assessment year 2007-2008. The CIT (A) decision was set aside for fresh assessment in consideration of the High Court's judgment, directing the AO to address objections and issue a speaking order for de novo assessment. The ITAT emphasized the importance of properly applying Section 14A provisions and considering the parties' contentions in the assessment process. Case-Laws Income Tax Wed, 31 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281968