https://www.taxtmi.com/caselaws?id=417318 The Tribunal directed the Assessing Officer to re-compute the disallowance of interest expense under Section 14A using the Rule 8D formula, considering the working provided by the assessee. The appeal was allowed for statistical purposes, and the matter was restored back to the AO for a fresh assessment in accordance with the law. en-us Thu, 18 Nov 2021 00:00:00 +0530 Thu, 20 Jan 2022 08:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417318 The Tribunal directed the Assessing Officer to re-compute the disallowance of interest expense under Section 14A using the Rule 8D formula, considering the working provided by the assessee. The appeal was allowed for statistical purposes, and the matter was restored back to the AO for a fresh assessment in accordance with the law. Case-Laws Income Tax Thu, 18 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417318