https://www.taxtmi.com/caselaws?id=467515 For section 14A read with Rule 8D, the disallowance is confined to investments that actually yielded exempt income during the year, and the Rule 8D computation uses actual investment cost rather than fair market value, with the Finance Act 2022 expansion treated as prospective. In immovable property transactions, section 43CA valuation may turn on the agreement or allotment date where consideration was fixed and part payment was received otherwise than in cash; the matter requires verification of the relevant documents and factual matrix before applying the stamp duty value. The article also notes that the interest ground did not call for separate adjudication. en-us Wed, 18 Mar 2026 00:00:00 +0530 Fri, 03 Apr 2026 12:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467515 For section 14A read with Rule 8D, the disallowance is confined to investments that actually yielded exempt income during the year, and the Rule 8D computation uses actual investment cost rather than fair market value, with the Finance Act 2022 expansion treated as prospective. In immovable property transactions, section 43CA valuation may turn on the agreement or allotment date where consideration was fixed and part payment was received otherwise than in cash; the matter requires verification of the relevant documents and factual matrix before applying the stamp duty value. The article also notes that the interest ground did not call for separate adjudication. Case-Laws Income Tax Wed, 18 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467515