https://www.taxtmi.com/caselaws?id=291020 The Tribunal allowed the appeals of the three assessees, dismissing the Revenue's appeals, by restricting the disallowance under section 14A r/w rule 8D to the amounts voluntarily disallowed by the assessees. This decision was based on consistent application of a proportionate disallowance method and prior Tribunal and High Court approvals. en-us Fri, 19 Jul 2019 00:00:00 +0530 Wed, 13 Nov 2024 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291020 The Tribunal allowed the appeals of the three assessees, dismissing the Revenue's appeals, by restricting the disallowance under section 14A r/w rule 8D to the amounts voluntarily disallowed by the assessees. This decision was based on consistent application of a proportionate disallowance method and prior Tribunal and High Court approvals. Case-Laws Income Tax Fri, 19 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291020