https://www.taxtmi.com/caselaws?id=292266 The appeal filed by the assessee was allowed for statistical purposes. The Tribunal directed the AO to recompute the disallowance under Rule 8D(2)(iii) by considering only funds generating exempt income and to rectify the arithmetic error in the computation of "profit and gains of business or profession." The order was pronounced in the open court on 27.02.2018. en-us Tue, 27 Feb 2018 00:00:00 +0530 Wed, 16 Dec 2020 08:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292266 The appeal filed by the assessee was allowed for statistical purposes. The Tribunal directed the AO to recompute the disallowance under Rule 8D(2)(iii) by considering only funds generating exempt income and to rectify the arithmetic error in the computation of "profit and gains of business or profession." The order was pronounced in the open court on 27.02.2018. Case-Laws Income Tax Tue, 27 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292266