TMI Blog2017 (7) TMI 1067X X X X Extracts X X X X X X X X Extracts X X X X ..... al Member) 1. This appeal is filed by the assessee against the order of the Commissioner of Income Tax Appeals -10, Mumbai dated 02.03.2015 for the Assessment Year 2010-11. 2. Notice was issued to the assessee on 17.03.2017 at the given address in Form.No.36 fixing the date of hearing as 13.04.2017. However, the notice returned unserved with postal endorsement that the addressee has "left". Henc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urt in the case of Joint Investment Private Limited in ITA.No. 117/15 dated 25.02.2015 held that by no stretch of imagination can section 14A or Rule 8D be interpreted so as to mean that entire tax exempt income is to be disallowed. Similarly, Punjab and Haryana High court in the case of PCIT v. Empire Package Private Limited in ITA.No. 415/2015 held that disallowance should not exceed exempt inco ..... X X X X Extracts X X X X X X X X Extracts X X X X
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