2016 (6) TMI 336

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..... e for the purposes of Section 14A? - Held that:- The Court does not propose to re-visit the decision of the co-ordinate Bench in Maxopp Investment Ltd. (supra). The ITAT cannot be faulted for following the said decision. Indeed, in the present case the AO has not recorded the reasons for concluding that the expenditure as claimed by the Assessee for the purposes of Section 14A of the Act is not ac .....

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..... time for the bar to get acquainted with the requirement of e-filing. Additionally, the Court has also provided scanning machines at the filing counter so that no difficulty is caused to the bar for switching over to the system of e-filing. In any event, the delay of more than three years on this ground is wholly unacceptable. 3. Consequently, the Court is not persuaded to condone the extraordin .....

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..... t, 1961 ( Act )? 6. The Court does not propose to re-visit the decision of the co-ordinate Bench in Maxopp Investment Ltd. (supra). The ITAT cannot be faulted for following the said decision. Indeed, in the present case the AO has not recorded the reasons for concluding that the expenditure as claimed by the Assessee for the purposes of Section 14A of the Act is not acceptable. 7. Consequent .....

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