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2015 (7) TMI 1213 - AT - Income TaxAddition u/s 14A - assessee’s contention is that the A.O. has not recorded satisfaction as required u/s 14A - Held that:- We find that the A.O. at para 3 has recorded such satisfaction. It is not specified in the Act as to how a satisfaction should be recorded. Thus, this ground is without merit. Expenditure incurred for purpose of earning dividend - Held that:- Assessee has no other business and its entire income earned is from dividend and the expenditure in question is relatable and was incurred for the purpose of earning dividend. Appeal filed by assessee dismissed
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