2015 (8) TMI 1399

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..... ) TMI 875 - DELHI HIGH COURT ). Addition u/s 14A - Held that:- The ITAT has rightly followed the decision of this Court in CIT v. Holcim India Pvt. Ltd. (2014 (9) TMI 434 - DELHI HIGH COURT) and held that since no exempt dividend income was earned the question of invoking Section 14 A of the Act read with Rule 8D did not arise. - ITA 535/2015, ITA 536/2015 - - - Dated:- 11-8-2015 - S. Mural .....

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..... 15 passed by this Court in ITA No.69/2000 ( CIT v. Bharat Hotels Ltd. ). 3. The other issue in these appeals is whether the addition made by the Assessing Officer ( AO ) invoking Section 14A of the Act read with Rule 8D of the Income Tax Rules, 1962 was justified? In this regard, the ITAT has in the impugned order noted the following undisputed facts : (i) The assessee did not receive d .....

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