https://www.taxtmi.com/caselaws?id=398115 The Tribunal partially allowed the appeal, overturning the disallowance of interest expenditure under Section 14A read with Rule 8D(2)(ii) but upholding the disallowance of indirect expenditure under Rule 8D(2)(iii). The Tribunal also permitted the deduction for education cess and secondary and high education cess. en-us Fri, 04 Sep 2020 00:00:00 +0530 Mon, 07 Sep 2020 10:10:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398115 The Tribunal partially allowed the appeal, overturning the disallowance of interest expenditure under Section 14A read with Rule 8D(2)(ii) but upholding the disallowance of indirect expenditure under Rule 8D(2)(iii). The Tribunal also permitted the deduction for education cess and secondary and high education cess. Case-Laws Income Tax Fri, 04 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398115