https://www.taxtmi.com/caselaws?id=288137 The Tribunal partly allowed the appeals of both the Assessee and Revenue, directing the Assessing Officer to recompute disallowances under section 14A r.w. Rule 8D2(iii) and book profits under section 115JB in line with decisions of the Special Bench. The judgments aimed to provide clarity on computing disallowances and book profits, ensuring consistency with legal precedents and principles. en-us Wed, 13 Sep 2017 00:00:00 +0530 Fri, 22 May 2020 10:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288137 The Tribunal partly allowed the appeals of both the Assessee and Revenue, directing the Assessing Officer to recompute disallowances under section 14A r.w. Rule 8D2(iii) and book profits under section 115JB in line with decisions of the Special Bench. The judgments aimed to provide clarity on computing disallowances and book profits, ensuring consistency with legal precedents and principles. Case-Laws Income Tax Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288137