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2016 (2) TMI 338 - AT - Income TaxDisallowance U/s 14A - Held that:- The assessee claimed that it has furnished evidence of interest free fund available with it before the Assessing Officer but whatever paper book filed, has not referred by the Assessing Officer. The representative of the assessee company has not signed on some of the papers allegedly claimed to be furnished before the Assessing Officer. The ld CIT(A) accepted the additional evidence without giving any finding of admitting the additional evidence in his order and seeking any comment from the Assessing Officer and passed the order by accepting the assessee's submission. Prima facie, these evidences were not available at the time of assessment with the Assessing Officer, therefore, in the interest of justice, we set aside the order of the ld CIT(A) and directed to give the opportunities to the Assessing Officer on evidence considered while deciding the assessee's appeal on disallowance of interest and disallowance on 14A. - Decided in favour of revenue for statistical purposes only.
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