https://www.taxtmi.com/caselaws?id=408557 The ITAT upheld the CIT(A)'s decisions in favor of the assessee, dismissing the Revenue's appeal on disallowance of expenses under Section 14A r.w. Rule 8D, interest on capital liabilities, and provision made on financial restructuring package. However, the ITAT directed verification of consumer contribution amortization. The ITAT provided detailed analysis and reasoning for each issue, partially allowing the Revenue's appeal for statistical purposes. The judgment was pronounced on 11th June 2021 by the ITAT Hyderabad. en-us Fri, 11 Jun 2021 00:00:00 +0530 Tue, 15 Jun 2021 07:50:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408557 The ITAT upheld the CIT(A)'s decisions in favor of the assessee, dismissing the Revenue's appeal on disallowance of expenses under Section 14A r.w. Rule 8D, interest on capital liabilities, and provision made on financial restructuring package. However, the ITAT directed verification of consumer contribution amortization. The ITAT provided detailed analysis and reasoning for each issue, partially allowing the Revenue's appeal for statistical purposes. The judgment was pronounced on 11th June 2021 by the ITAT Hyderabad. Case-Laws Income Tax Fri, 11 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408557