https://www.taxtmi.com/caselaws?id=396518 The Tribunal partially allowed the assessee's appeal, instructing the AO to remove the disallowance of interest under Sec. 14A and to recalculate the disallowance of other expenses under Rule 8D(2)(iii) based solely on the value of shares generating exempt dividend income. Lockdown days were excluded in the order's pronouncement. en-us Fri, 22 May 2020 00:00:00 +0530 Fri, 08 Nov 2024 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396518 The Tribunal partially allowed the assessee's appeal, instructing the AO to remove the disallowance of interest under Sec. 14A and to recalculate the disallowance of other expenses under Rule 8D(2)(iii) based solely on the value of shares generating exempt dividend income. Lockdown days were excluded in the order's pronouncement. Case-Laws Income Tax Fri, 22 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396518