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2013 (11) TMI 1605 - AT - Income TaxAddition made on account of unexplained/unproved purchases in all the four years under consideration. Disallowance u/s 14A - Held that:- Disallowance made by the A.O. in A.Y. 2007-08 on the basis given in Rule 8-D is quite reasonable having regard to all the facts and circumstances of the case and nothing has been brought on record before us to dispute or controvert this position. We, therefore, uphold the impugned orders of the ld. CIT(A) confirming the disallowance made by the A.O. u/s 14A of the Act for both the years under consideration i.e assessment years 2007- 08 & 2008-09.
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