https://www.taxtmi.com/caselaws?id=411374 Amounts credited to a suspense account required verification where the assessee claimed the same receipts had already been offered to tax in later years; the addition was to be deleted only to the extent double taxation would otherwise arise, and the matter was remanded to the Assessing Officer for fresh examination. Disallowance under section 14A read with Rule 8D also required reconsideration because the assessee claimed a suo motu disallowance had already been made and separate accounts were maintained; the Assessing Officer had to verify that claim and record dissatisfaction with its correctness before applying Rule 8D. Tax liability was therefore left to be re-determined after verification. en-us Fri, 13 Aug 2021 00:00:00 +0530 Tue, 24 Aug 2021 08:14:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411374 Amounts credited to a suspense account required verification where the assessee claimed the same receipts had already been offered to tax in later years; the addition was to be deleted only to the extent double taxation would otherwise arise, and the matter was remanded to the Assessing Officer for fresh examination. Disallowance under section 14A read with Rule 8D also required reconsideration because the assessee claimed a suo motu disallowance had already been made and separate accounts were maintained; the Assessing Officer had to verify that claim and record dissatisfaction with its correctness before applying Rule 8D. Tax liability was therefore left to be re-determined after verification. Case-Laws Income Tax Fri, 13 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411374