https://www.taxtmi.com/caselaws?id=294499 The Tribunal upheld the proportionate deduction under section 80IB(10) for the assessee, referencing judicial precedents supporting such deductions. Regarding the disallowance under section 14A read with Rule 8D, the Tribunal directed a fresh adjudication by the Assessing Officer without resorting to Rule 8D for computing MAT under section 115JB, considering relevant court decisions. The Tribunal also separately addressed similar issues for different Assessment Years, restoring the disallowance under section 14A for fresh consideration while dismissing the ground related to section 80IB(10) for each year. en-us Wed, 30 May 2018 00:00:00 +0530 Sun, 18 Apr 2021 20:51:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294499 The Tribunal upheld the proportionate deduction under section 80IB(10) for the assessee, referencing judicial precedents supporting such deductions. Regarding the disallowance under section 14A read with Rule 8D, the Tribunal directed a fresh adjudication by the Assessing Officer without resorting to Rule 8D for computing MAT under section 115JB, considering relevant court decisions. The Tribunal also separately addressed similar issues for different Assessment Years, restoring the disallowance under section 14A for fresh consideration while dismissing the ground related to section 80IB(10) for each year. Case-Laws Income Tax Wed, 30 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294499