https://www.taxtmi.com/caselaws?id=290269 The Tribunal partly allowed both the assessee's and the Revenue's appeals. It upheld the Revenue's method of computing disallowance under Section 14A but directed verification of the assessee's claims regarding interest on business loans. For the deemed dividend issue, it remanded the matter to the AO for a detailed factual examination to determine the nature of the transactions. en-us Fri, 14 Jul 2017 00:00:00 +0530 Thu, 17 Sep 2020 10:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290269 The Tribunal partly allowed both the assessee's and the Revenue's appeals. It upheld the Revenue's method of computing disallowance under Section 14A but directed verification of the assessee's claims regarding interest on business loans. For the deemed dividend issue, it remanded the matter to the AO for a detailed factual examination to determine the nature of the transactions. Case-Laws Income Tax Fri, 14 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290269