https://www.taxtmi.com/caselaws?id=296127 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order that restricted the disallowance under Section 14A to Rs. 19,80,509/-. The Tribunal emphasized the necessity of the AO recording dissatisfaction with the assessee's claim before applying Rule 8D and acknowledged the binding judicial precedents that supported the assessee's position. The appeal filed by the Revenue in ITA No. 915/Mum/2013 for the assessment year 2009-10 was dismissed on 16th March, 2016. en-us Wed, 16 Mar 2016 00:00:00 +0530 Tue, 06 Jul 2021 09:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296127 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s order that restricted the disallowance under Section 14A to Rs. 19,80,509/-. The Tribunal emphasized the necessity of the AO recording dissatisfaction with the assessee's claim before applying Rule 8D and acknowledged the binding judicial precedents that supported the assessee's position. The appeal filed by the Revenue in ITA No. 915/Mum/2013 for the assessment year 2009-10 was dismissed on 16th March, 2016. Case-Laws Income Tax Wed, 16 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296127