https://www.taxtmi.com/caselaws?id=299556 The Tribunal partially allowed the Revenue's appeal for statistical purposes and dismissed the assessee's appeal. It clarified the correct method of computing disallowance u/s 14A, emphasizing adherence to legal precedents. The disallowance was adjusted to Rs. 26,21,424 by considering the ratio of dividend income to total turnover, and the matter was remitted to the AO for correct computation. en-us Wed, 18 Mar 2015 00:00:00 +0530 Tue, 21 Dec 2021 08:43:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299556 The Tribunal partially allowed the Revenue's appeal for statistical purposes and dismissed the assessee's appeal. It clarified the correct method of computing disallowance u/s 14A, emphasizing adherence to legal precedents. The disallowance was adjusted to Rs. 26,21,424 by considering the ratio of dividend income to total turnover, and the matter was remitted to the AO for correct computation. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299556