https://www.taxtmi.com/caselaws?id=436299 The Tribunal remitted the matter back to the Ld. AO for verification of KOPT's tax liability discharge regarding the royalty amount disallowance under Section 40(a)(ia). For the disallowance under Section 14A, the Tribunal upheld the Ld. CIT(A)'s directions to compute disallowance under Rule 8D(2)(iii) only for investments yielding exempt income. All three appeals of the assessee were partly allowed for statistical purposes. en-us Mon, 09 Jan 2023 00:00:00 +0530 Sat, 08 Apr 2023 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436299 The Tribunal remitted the matter back to the Ld. AO for verification of KOPT's tax liability discharge regarding the royalty amount disallowance under Section 40(a)(ia). For the disallowance under Section 14A, the Tribunal upheld the Ld. CIT(A)'s directions to compute disallowance under Rule 8D(2)(iii) only for investments yielding exempt income. All three appeals of the assessee were partly allowed for statistical purposes. Case-Laws Income Tax Mon, 09 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436299