https://www.taxtmi.com/highlights?id=77093 Disallowance u/s 14A r.w.r. 8D - no proper recording of satisfaction by the AO for rejecting the suomoto disallowance made by the Assessee - The Tribunal found that in the current case, similar to the preceding assessment year, there was no proper recording of satisfaction by the AO for rejecting the suo moto disallowance made by the Assessee. As a result, the Tribunal allowed the Assessee's appeal and directed the AO to delete the impugned addition. en-us Fri, 03 May 2024 09:43:49 +0530 Fri, 03 May 2024 09:43:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=77093 Disallowance u/s 14A r.w.r. 8D - no proper recording of satisfaction by the AO for rejecting the suomoto disallowance made by the Assessee - The Tribunal found that in the current case, similar to the preceding assessment year, there was no proper recording of satisfaction by the AO for rejecting the suo moto disallowance made by the Assessee. As a result, the Tribunal allowed the Assessee's appeal and directed the AO to delete the impugned addition. Highlights Income Tax Fri, 03 May 2024 09:43:49 +0530 https://www.taxtmi.com/highlights?id=77093