https://www.taxtmi.com/caselaws?id=292625 The appeal was allowed by the ITAT, ruling in favor of the assessee on the disallowance issue under Rule 8D(2)(iii) of the IT Act. The ITAT also found in favor of the assessee regarding the computation of income under section 115JB, following the decision in the case of Vireet Investments Private Limited. Consequently, the grounds raised by the assessee on the computation of income under section 115JB were upheld, leading to the overall success of the appeal on 13th February 2019. en-us Wed, 13 Feb 2019 00:00:00 +0530 Tue, 04 May 2021 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292625 The appeal was allowed by the ITAT, ruling in favor of the assessee on the disallowance issue under Rule 8D(2)(iii) of the IT Act. The ITAT also found in favor of the assessee regarding the computation of income under section 115JB, following the decision in the case of Vireet Investments Private Limited. Consequently, the grounds raised by the assessee on the computation of income under section 115JB were upheld, leading to the overall success of the appeal on 13th February 2019. Case-Laws Income Tax Wed, 13 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292625