https://www.taxtmi.com/caselaws?id=403413 The Tribunal set aside the Commissioner of Income Tax (Appeals) order and deleted the disallowance made under Section 14A read with Rule 8D. The appeal by the assessee was allowed, emphasizing the requirement for the Assessing Officer to record satisfaction regarding the correctness of the claim of no expenditure being incurred for earning exempt income. en-us Wed, 27 Jan 2021 00:00:00 +0530 Thu, 28 Jan 2021 11:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403413 The Tribunal set aside the Commissioner of Income Tax (Appeals) order and deleted the disallowance made under Section 14A read with Rule 8D. The appeal by the assessee was allowed, emphasizing the requirement for the Assessing Officer to record satisfaction regarding the correctness of the claim of no expenditure being incurred for earning exempt income. Case-Laws Income Tax Wed, 27 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403413