https://www.taxtmi.com/caselaws?id=463819 ITAT MUMBAI - AT set aside the disallowance under s.14A r.w. r.8D, holding the CIT(A)'s direction for re-examination beyond his power and restoring the issue to the CIT(A) for fresh adjudication. The claim under s.35D (QIP expenses) is remitted to the AO for decision per Tribunal directions. Brokerage on acquisition of investments remaining unsold was held allowable as trading stock. Deduction under s.36(1)(viia) for NPAs was restored to the AO to compute and grant. Broken-period interest and amortisation of premium on HTM securities were allowed. en-us Fri, 30 Jun 2023 00:00:00 +0530 Tue, 16 Sep 2025 16:26:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463819 ITAT MUMBAI - AT set aside the disallowance under s.14A r.w. r.8D, holding the CIT(A)'s direction for re-examination beyond his power and restoring the issue to the CIT(A) for fresh adjudication. The claim under s.35D (QIP expenses) is remitted to the AO for decision per Tribunal directions. Brokerage on acquisition of investments remaining unsold was held allowable as trading stock. Deduction under s.36(1)(viia) for NPAs was restored to the AO to compute and grant. Broken-period interest and amortisation of premium on HTM securities were allowed. Case-Laws Income Tax Fri, 30 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463819