https://www.taxtmi.com/caselaws?id=420491 The Tribunal partly allowed the appeal, dismissing challenges on the need for recording satisfaction before invoking Rule 8D. The request to restrict disallowance to investments yielding exempt income was granted, directing the AO to compute disallowance based only on such investments. The order was issued on 17th March 2022. en-us Thu, 17 Mar 2022 00:00:00 +0530 Mon, 04 Apr 2022 09:14:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420491 The Tribunal partly allowed the appeal, dismissing challenges on the need for recording satisfaction before invoking Rule 8D. The request to restrict disallowance to investments yielding exempt income was granted, directing the AO to compute disallowance based only on such investments. The order was issued on 17th March 2022. Case-Laws Income Tax Thu, 17 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420491