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2018 (6) TMI 293 - AT - Income TaxDisallowance u/s 14A - non identification of expenses - Held that:- Identical issue has been decided by ITAT, Delhi, A-Bench, in the case of same assessee for A.Y. 2009-2010 [2017 (11) TMI 1545 - ITAT DELHI] as held AO has not even identified any specific item of expense he merely says that explanation of assessee is not correct as huge investment is made. There is no satisfaction of terms of s. 14A read with Rule 8D. Assessee is right in submitting that disallowance is also against the principle of consistency in the absence of any facts. - Decided in favour of assessee
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