https://www.taxtmi.com/caselaws?id=463483 The HC dismissed the revenue's appeal challenging an addition under s.14A read with Rule 8D, upholding the ITAT's reliance on its earlier, court-confirmed order and deciding in favour of the assessee. Regarding the addition for loss on preference shares written off, the HC found that the ITAT's straight reliance on precedent required fresh consideration and, with parties' consent, remitted that issue to the Tribunal for fresh adjudication. en-us Mon, 16 Jan 2017 00:00:00 +0530 Wed, 03 Sep 2025 19:06:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463483 The HC dismissed the revenue's appeal challenging an addition under s.14A read with Rule 8D, upholding the ITAT's reliance on its earlier, court-confirmed order and deciding in favour of the assessee. Regarding the addition for loss on preference shares written off, the HC found that the ITAT's straight reliance on precedent required fresh consideration and, with parties' consent, remitted that issue to the Tribunal for fresh adjudication. Case-Laws Income Tax Mon, 16 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463483