Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2015 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (12) TMI 25 - AT - Income TaxDisallowance u/s 14A r.w.r 8D - Held that:- In view of the decision from Hon’ble jurisdictional High Court in Godrej & Boyce (2010 (8) TMI 77 - BOMBAY HIGH COURT) we restor the matter back to the file of the Assessing Officer to consider the calculation of the assessee for disallowable expenditure in accordance with law by analyzing/verifying investments vis-ŕ-vis borrowed funds after providing reasonable opportunity of being heard to the assessee. - Decided in favour of assessee for statistical purpose
|