https://www.taxtmi.com/caselaws?id=304327 The Tribunal upheld decisions in favor of the assessee in a departmental appeal for the assessment year 2011-12 regarding disallowance under section 14A read with Rule 8D. The Tribunal dismissed the departmental appeal, affirming the favorable decision for the assessee based on previous rulings and consistent Tribunal decisions in the assessee's favor for prior years. The Tribunal emphasized the precedent supporting the assessee's position on the disallowance, leading to the withdrawal of the assessee's Cross Objection. en-us Fri, 21 Aug 2015 00:00:00 +0530 Wed, 21 Sep 2022 07:37:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304327 The Tribunal upheld decisions in favor of the assessee in a departmental appeal for the assessment year 2011-12 regarding disallowance under section 14A read with Rule 8D. The Tribunal dismissed the departmental appeal, affirming the favorable decision for the assessee based on previous rulings and consistent Tribunal decisions in the assessee's favor for prior years. The Tribunal emphasized the precedent supporting the assessee's position on the disallowance, leading to the withdrawal of the assessee's Cross Objection. Case-Laws Income Tax Fri, 21 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304327