https://www.taxtmi.com/caselaws?id=400847 The Tribunal partly allowed the appeal, ruling in favor of the assessee on the disallowance under section 14A read with Rule 8D and the interest disallowance on borrowed funds diverted for non-business purposes. The judgment demonstrates a thorough analysis of legal precedents and factual considerations to arrive at a reasoned decision in each issue raised before the Tribunal. en-us Fri, 23 Oct 2020 00:00:00 +0530 Fri, 20 Nov 2020 13:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400847 The Tribunal partly allowed the appeal, ruling in favor of the assessee on the disallowance under section 14A read with Rule 8D and the interest disallowance on borrowed funds diverted for non-business purposes. The judgment demonstrates a thorough analysis of legal precedents and factual considerations to arrive at a reasoned decision in each issue raised before the Tribunal. Case-Laws Income Tax Fri, 23 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400847