https://www.taxtmi.com/caselaws?id=394558 The Tribunal partially allowed the appeal, directing a fresh adjudication on the addition of un-substantiated closing credit balance of trade creditors and modifying the disallowance made under section 14A r/w rule 8D. The Tribunal found that the Commissioner (Appeals) had rejected the additional evidence submitted by the assessee without proper verification, leading to the issue being sent back to the Assessing Officer for reconsideration after providing the assessee with a reasonable opportunity to be heard. The disallowance under section 14A r/w rule 8D was restricted to Rs. 9,032, with the Tribunal partially allowing this ground of appeal. en-us Wed, 05 Feb 2020 00:00:00 +0530 Thu, 16 Apr 2020 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394558 The Tribunal partially allowed the appeal, directing a fresh adjudication on the addition of un-substantiated closing credit balance of trade creditors and modifying the disallowance made under section 14A r/w rule 8D. The Tribunal found that the Commissioner (Appeals) had rejected the additional evidence submitted by the assessee without proper verification, leading to the issue being sent back to the Assessing Officer for reconsideration after providing the assessee with a reasonable opportunity to be heard. The disallowance under section 14A r/w rule 8D was restricted to Rs. 9,032, with the Tribunal partially allowing this ground of appeal. Case-Laws Income Tax Wed, 05 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394558