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2018 (10) TMI 1694 - AT - Income TaxDisallowance u/s 14A r.w.r. 8D - addition offered suo motu by the assessee - HELD THAT:- AO has not shown any dissatisfaction with the disallowance under section 14A r.w.r. 8D offered suo motu by the assessee. Learned Departmental Representative has not disputed this factual aspect. In view of these discussions, the impugned disallowance under section 14A r.w.r. 8D, as challenged in appeal before us, stands deleted. In the result, appeal of the assessee is allowed. DR fairly accepts that if the appeal of the assessee, on this issue i.e. 14A disallowance, is to be allowed, the grievance raised by the revenue will be rendered infructuous. As the appeal of the assessee on this issue is allowed, the appeal of the revenue on this issue is indeed rendered infructuous.
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