https://www.taxtmi.com/caselaws?id=386949 The appellant's challenges regarding the addition made on account of payment of interest, brokerage, and under Section 14(A) r.w.s. 8D(2)(ii)&(iii) were addressed in this case. The Tribunal upheld the denial of deduction for interest expenses due to lack of evidence supporting repair and renovation expenses. Additionally, the disallowance of brokerage expenses beyond the standard deduction was affirmed. However, the Tribunal partially allowed the appeal concerning the addition made under Section 14(A) r.w.s. 8D(2)(ii)&(iii) by restricting the disallowance after reviewing the appellant's balance sheet. en-us Wed, 28 Aug 2019 00:00:00 +0530 Sun, 13 Oct 2019 10:56:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386949 The appellant's challenges regarding the addition made on account of payment of interest, brokerage, and under Section 14(A) r.w.s. 8D(2)(ii)&(iii) were addressed in this case. The Tribunal upheld the denial of deduction for interest expenses due to lack of evidence supporting repair and renovation expenses. Additionally, the disallowance of brokerage expenses beyond the standard deduction was affirmed. However, the Tribunal partially allowed the appeal concerning the addition made under Section 14(A) r.w.s. 8D(2)(ii)&(iii) by restricting the disallowance after reviewing the appellant's balance sheet. Case-Laws Income Tax Wed, 28 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386949