https://www.taxtmi.com/caselaws?id=384653 The Tribunal partly allowed the appeals, setting aside the matters for the AO to recompute in line with its directions and relevant judicial precedents. The expenditure was treated as pre-operative pending capitalization, disallowances under Section 14A were to be recalculated, and book profit under Section 115JB was to be recomputed without reliance on Section 14A read with Rule 8D, following the ITAT Special Bench decision. The order was pronounced on 09/08/2019. en-us Fri, 09 Aug 2019 00:00:00 +0530 Tue, 20 Aug 2019 08:26:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384653 The Tribunal partly allowed the appeals, setting aside the matters for the AO to recompute in line with its directions and relevant judicial precedents. The expenditure was treated as pre-operative pending capitalization, disallowances under Section 14A were to be recalculated, and book profit under Section 115JB was to be recomputed without reliance on Section 14A read with Rule 8D, following the ITAT Special Bench decision. The order was pronounced on 09/08/2019. Case-Laws Income Tax Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384653