Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (10) TMI 234 - ITAT DELHIDisallowance u/s.14A - CIT(A) restricting the addition by applying Rule 8D - Held that:- After considering the submissions of ld. DR and the material on record, it is noticed that the ld. CIT(A) by following the judgment of the Hon’ble Jurisdictional High Court in the case of Joint Investment (P) Ltd. Vs CIT [2015 (3) TMI 155 - DELHI HIGH COURT] sustained the disallowance to ₹ 7,000/-. We, therefore, do not see any valid ground to interfere with the findings of the ld. CIT(A). Accordingly, we do not see any merit in this appeal of the department. - Decided against revenue
|