GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (7) TMI 1139 - ITAT AHMEDABAD

2015 (7) TMI 1139 - ITAT AHMEDABAD - TMI - Disallowance under section 14A read with Rule 8D - Held that:- In the light of the judgment of Hon’ble Jurisdictional High Court in the case of CIT vs. Corrtech Energy (P) Ltd. (2014 (3) TMI 856 - GUJARAT HIGH COURT) the disallowance under section 14A cannot be made when no income is claimed to be exempt in that particular year. That precisely is the undisputed situation before us. In the present year, the assessee does not have any income from the rela .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

llant P.L. Kureel for the respondent O R D E R Per Pramod Kumar, AM: By way of this appeal, the assessee has called into question correctness of learned CIT(A) s order dated 17th February, 2011, in the matter of assessment under section 143(3) r.w.s. 254 of the Income-tax Act, 1961 for the assessment year 2002-03, on the following grounds :- 1. The ld. CIT(A) has grossly erred in law and on facts in dismissing the appeal. He ought to have allowed the appeal fully in accordance with the grounds o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

iew of the decision of Hon ble Bombay High Court in the case of Godrej & Boyce Mfg. Co. Ltd. Vs. DCIT & Anr 234 CTR (Bom) 1 (2010). 3. The ld. CIT(A) has failed to consider the case laws relied upon by the appellant. The appellant reserves its right to add, amend, alter or modify any of the grounds stated hereinabove either before or at the time of hearing. 2. Briefly stated, relevant material facts of the case are like this. During the course of original assessment proceedings, the Asse .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version