https://www.taxtmi.com/caselaws?id=436533 The ITAT ruled in favor of the assessee by directing the AO to delete the disallowance under Rule 8D(2)(iii) and disallowance with regard to interest u/s 14A. Additionally, the ITAT instructed the AO to obtain valuation from the DVO for a land sale transaction under section 50C, remitting the matter back for further assessment. en-us Mon, 23 Jan 2023 00:00:00 +0530 Sat, 15 Apr 2023 08:51:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436533 The ITAT ruled in favor of the assessee by directing the AO to delete the disallowance under Rule 8D(2)(iii) and disallowance with regard to interest u/s 14A. Additionally, the ITAT instructed the AO to obtain valuation from the DVO for a land sale transaction under section 50C, remitting the matter back for further assessment. Case-Laws Income Tax Mon, 23 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436533