Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2017 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (3) TMI 1563 - AT - Income TaxDisallowance made u/s 14A - disallowed expenditure incurred in relation to exempt income which does not form part of total income - Held that:- There is no disallowance u/s 14A r.w.s 8D, if the assesse has not received any exempt income which does not form part of the total income under this Act. The CIT (A) after considering the relevant facts has rightly deleted additions made by the A.O. See Prathista Industries Ltd., Vs. DCIT [2016 (4) TMI 1207 - ITAT HYDERABAD]. Appeal filed by the Revenue is dismissed.
|