https://www.taxtmi.com/caselaws?id=776264 The ITAT Kolkata upheld the order of the Ld. CIT(A) regarding the addition under section 14A read with Rule 8D, dismissing the assessee's Ground no. 1 for lack of justification to interfere. The tribunal found no error in applying Rule 8D and no submissions were made challenging this. Additionally, the ITAT dismissed Ground nos. 2 and 3, noting that no separate addition for exempt dividend income was made in the assessment order, and the assessee failed to provide evidence for relief. Consequently, all grounds raised by the assessee were rejected, and the additions were sustained. en-us Tue, 05 Aug 2025 00:00:00 +0530 Thu, 07 Aug 2025 07:04:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776264 The ITAT Kolkata upheld the order of the Ld. CIT(A) regarding the addition under section 14A read with Rule 8D, dismissing the assessee's Ground no. 1 for lack of justification to interfere. The tribunal found no error in applying Rule 8D and no submissions were made challenging this. Additionally, the ITAT dismissed Ground nos. 2 and 3, noting that no separate addition for exempt dividend income was made in the assessment order, and the assessee failed to provide evidence for relief. Consequently, all grounds raised by the assessee were rejected, and the additions were sustained. Case-Laws Income Tax Tue, 05 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776264