https://www.taxtmi.com/caselaws?id=388496 The Tribunal partially allowed the revenue's appeal, limiting the disallowance under Section 14A read with Rule 8D to the actual exempt income earned by the assessee, amounting to Rs. 22,01,928. The decision was based on various judicial precedents and the nature of the assessee's business in trading shares and securities. en-us Tue, 01 Oct 2019 00:00:00 +0530 Sat, 16 Nov 2019 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388496 The Tribunal partially allowed the revenue's appeal, limiting the disallowance under Section 14A read with Rule 8D to the actual exempt income earned by the assessee, amounting to Rs. 22,01,928. The decision was based on various judicial precedents and the nature of the assessee's business in trading shares and securities. Case-Laws Income Tax Tue, 01 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388496