Rule 8D Without Recording Dissatisfaction Struck Down by ITAT

SLK Software Pvt. Ltd. Vs ACIT (ITAT Bangalore) Section 14A Can’t Be Mechanical: Bangalore ITAT Pulls Up AO for Rule 8D Invocation- Speaking Order Mandatory: ITAT Sets Aside CIT(A)’s Non-Reasoned TDS Order Bangalore ITAT “C” Bench, in M/s SLK Software Pvt. Ltd. Vs ACIT (ITA Nos. 932 & 933/Bang/2023, AYs 2017-18 & 2018-19; order dated 31.01.2025), partly allowed Assessee’s appeals, granting full relief on disallowance u/s 14A while setting aside TDS disallowance on overseas payments for fresh adjudication due to a non-speaking order by CIT(A). For AY 2017-18, Assessee earned e...