https://www.taxtmi.com/caselaws?id=431163 The Tribunal partly allowed the assessee's appeal, condoning the 972-day delay in filing the appeal due to the Director's old age and dismissing the challenge against the disallowance under Rule 8D r.w.s. 14A of the Act. The Tribunal directed the Assessing Officer to compute the disallowance under Rule 8D(2)(iii) considering only investments yielding exempt income, allowing the assessee's alternative ground for statistical purposes. en-us Tue, 27 Sep 2022 00:00:00 +0530 Wed, 07 Dec 2022 10:27:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431163 The Tribunal partly allowed the assessee's appeal, condoning the 972-day delay in filing the appeal due to the Director's old age and dismissing the challenge against the disallowance under Rule 8D r.w.s. 14A of the Act. The Tribunal directed the Assessing Officer to compute the disallowance under Rule 8D(2)(iii) considering only investments yielding exempt income, allowing the assessee's alternative ground for statistical purposes. Case-Laws Income Tax Tue, 27 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431163