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2020 (10) TMI 400 - ITAT MUMBAIDisallowance u/s. 14A r.w. Rule 8D disallowed while computing even the book profits u/s. 115JB - HELD THAT:- As decided in own case [2018 (6) TMI 1720 - ITAT MUMBAI] we direct the Assessing Officer to accept the computation of disallowance u/s. 14A of the Act as worked out by the assessee for the purpose of computing the book profits u/s. 115JB of the Act for A.Ys. 2013-14 and 2014-15. CIT(A) directing AO to exclude the investments which have not yielded any exempt income during the year - HELD THAT:- We find that this issues are squarely covered by the decision of the Special Bench of the Delhi Tribunal in the case of ACIT v. Vireet Investments Private Limited [2017 (6) TMI 1124 - ITAT DELHI]. Thus, we sustain the order of the Ld.CIT(A) and reject the grounds raised by the Revenue.
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