ITAT Holds Rule 8D Cannot Be Invoked Without Recording Satisfaction, Remands Rs 119.56 Crore Expected Loss Claim:

The ITAT granted relief from enhanced Section 14A disallowance due to lack of mandatory satisfaction by the AO and remanded the expected loss provision issue for fresh examination.

ITAT Upholds Suo Motu Section 14A Disallowance

Saloni Kumari

Jul 16, 2026

Last update on Jul 16, 2026

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ITAT Holds Rule 8D Cannot Be Invoked Without Recording Satisfaction, Remands Rs 119.56 Crore Expected Loss Claim

The ITAT granted relief from enhanced Section 14A disallowance due to lack of mandatory satisfaction by the AO and remanded the expected loss provision issue for fresh examination.

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Saloni Kumari

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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].