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![Failure to prove the Interest bearing Funds being used for Investments giving rise to exempt Income: ITAT directs Re-computation of Disallowance under Rule 8D(2)(iii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Failure-prove-interest-bearing-funds-investments-rise-exempt-income-ITAT-directs-re-computation-disallowance-taxscan.jpg "Failure to prove the Interest bearing Funds being used for Investments giving rise to exempt Income: ITAT directs Re-computation of Disallowance under Rule 8D(2)(iii) [Read Order]")
Failure to prove the Interest bearing Funds being used for Investments giving rise to exempt Income: ITAT directs Re-computation of Disallowance under Rule 8D(2)(iii) [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal held that AO will re-compute the disallowance only on the investments giving rise to exempt...
![Disallowed TDS Credit cannot be Added Twice to Income of Assessee as it Amounts to Double Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/credit-income-Disallowance-assessee-ITAT-TDS-Disallowed-TDS-Credit-income-tax-taxscan-1.jpg "Disallowed TDS Credit cannot be Added Twice to Income of Assessee as it Amounts to Double Addition: ITAT [Read Order]")
![Subsidy allowed can be treated as Capital Receipt: Delhi HC confirms Permission granted by ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Subsidy-Capital-Receipt-Delhi-HC-ITAT-taxscan.jpeg "Subsidy allowed can be treated as Capital Receipt: Delhi HC confirms Permission granted by ITAT [Read Order]")
