https://www.taxtmi.com/caselaws?id=391436 The Tribunal dismissed the revenue's appeal, upholding the CIT (A)'s deletion of additions made on account of interest paid under Section 36(1)(iii) and under Section 14A of the Income Tax Act, 1961. The Tribunal emphasized the necessity of recording dissatisfaction by the AO before invoking Rule 8D and the commercial expediency of the advances made by the assessee. en-us Mon, 16 Dec 2019 00:00:00 +0530 Wed, 29 Jan 2020 06:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391436 The Tribunal dismissed the revenue's appeal, upholding the CIT (A)'s deletion of additions made on account of interest paid under Section 36(1)(iii) and under Section 14A of the Income Tax Act, 1961. The Tribunal emphasized the necessity of recording dissatisfaction by the AO before invoking Rule 8D and the commercial expediency of the advances made by the assessee. Case-Laws Income Tax Mon, 16 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391436