https://www.taxtmi.com/caselaws?id=406346 The Tribunal dismissed the Revenue's appeals for AYs 2010-11 and 2014-15, upholding the CIT (A)'s decisions to restrict disallowance under section 14A r.w. Rule 8D to investments yielding exempt income. The Tribunal emphasized consistency in applying legal principles and precedents, leading to the rejection of the Revenue's appeals and partial allowance of the appellant's Rule 27 petition in the AY 2014-15 case. en-us Fri, 09 Apr 2021 00:00:00 +0530 Sun, 11 Apr 2021 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406346 The Tribunal dismissed the Revenue's appeals for AYs 2010-11 and 2014-15, upholding the CIT (A)'s decisions to restrict disallowance under section 14A r.w. Rule 8D to investments yielding exempt income. The Tribunal emphasized consistency in applying legal principles and precedents, leading to the rejection of the Revenue's appeals and partial allowance of the appellant's Rule 27 petition in the AY 2014-15 case. Case-Laws Income Tax Fri, 09 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406346