https://www.taxtmi.com/caselaws?id=439042 Appellate directions requiring reconsideration of disallowance under section 14A read with Rule 8D bind the Assessing Officer unless stayed or reversed. The disallowance must therefore be recomputed under the applicable legal position through a speaking order. Credit for prepaid taxes and TDS reflected in Form 26AS cannot be withheld where the claim is not shown to be bogus; allowable credit must be granted after obtaining necessary supporting documents. These requirements ensure that assessment adjustments and tax credits are implemented consistently with binding appellate directions and governing law. en-us Tue, 13 Jun 2023 00:00:00 +0530 Thu, 15 Jun 2023 08:02:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439042 Appellate directions requiring reconsideration of disallowance under section 14A read with Rule 8D bind the Assessing Officer unless stayed or reversed. The disallowance must therefore be recomputed under the applicable legal position through a speaking order. Credit for prepaid taxes and TDS reflected in Form 26AS cannot be withheld where the claim is not shown to be bogus; allowable credit must be granted after obtaining necessary supporting documents. These requirements ensure that assessment adjustments and tax credits are implemented consistently with binding appellate directions and governing law. Case-Laws Income Tax Tue, 13 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439042