https://www.taxtmi.com/caselaws?id=386899 The Tribunal partially allowed the appeals, setting aside the disallowance under Section 14A read with Rule 8D due to the lack of recorded dissatisfaction by the Assessing Officer. However, it upheld the disallowance of 1/5th of telephone, mobile, and car expenses, agreeing with the CIT(A) that personal use could not be ruled out. The issue of disallowance of interest expenses was not specifically addressed in the Tribunal's final decision. en-us Mon, 29 Apr 2019 00:00:00 +0530 Fri, 11 Oct 2019 12:32:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386899 The Tribunal partially allowed the appeals, setting aside the disallowance under Section 14A read with Rule 8D due to the lack of recorded dissatisfaction by the Assessing Officer. However, it upheld the disallowance of 1/5th of telephone, mobile, and car expenses, agreeing with the CIT(A) that personal use could not be ruled out. The issue of disallowance of interest expenses was not specifically addressed in the Tribunal's final decision. Case-Laws Income Tax Mon, 29 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386899