https://www.taxtmi.com/caselaws?id=464033 ITAT Bengaluru - AT set aside parts of the tribunal and CIT(A) orders and restored two issues to the AO for fresh consideration. On section 14A read with Rule 8D(2)(iii) the matter is remitted for recalculation of disallowance by including investments that yielded exempt income, ensuring the disallowance does not exceed dividend income; the assessee's grounds are allowed for statistical purposes. On section 50C the AO is directed to re-examine valuation under s.50C(2) since the stamp authority registered the deed at SRO value; the CIT(A) order is set aside and the ground is allowed for statistical purposes. en-us Fri, 03 May 2019 00:00:00 +0530 Sat, 27 Sep 2025 19:31:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464033 ITAT Bengaluru - AT set aside parts of the tribunal and CIT(A) orders and restored two issues to the AO for fresh consideration. On section 14A read with Rule 8D(2)(iii) the matter is remitted for recalculation of disallowance by including investments that yielded exempt income, ensuring the disallowance does not exceed dividend income; the assessee's grounds are allowed for statistical purposes. On section 50C the AO is directed to re-examine valuation under s.50C(2) since the stamp authority registered the deed at SRO value; the CIT(A) order is set aside and the ground is allowed for statistical purposes. Case-Laws Income Tax Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464033