https://www.taxtmi.com/caselaws?id=467774 Administrative expenditure disallowance under section 14A read with rule 8D(2)(iii) was considered in light of the assessee's suo motu computation and the Assessing Officer's higher disallowance. Following its earlier order on identical facts in the assessee's own case, the Tribunal applied the same approach and restricted the disallowance to 2% of the exempt dividend income. The adjustment was thus limited to the lower figure adopted on the basis of the earlier precedent and the factual matrix. en-us Thu, 06 Apr 2017 00:00:00 +0530 Thu, 02 Apr 2026 17:04:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467774 Administrative expenditure disallowance under section 14A read with rule 8D(2)(iii) was considered in light of the assessee's suo motu computation and the Assessing Officer's higher disallowance. Following its earlier order on identical facts in the assessee's own case, the Tribunal applied the same approach and restricted the disallowance to 2% of the exempt dividend income. The adjustment was thus limited to the lower figure adopted on the basis of the earlier precedent and the factual matrix. Case-Laws Income Tax Thu, 06 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467774