2020 (1) TMI 1363

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..... cision rendered by a Bench of this Court in COMMISSIONER OF INCOME TAX VS. VIJAYA BANK [ 2014 (10) TMI 1015 - KARNATAKA HIGH COURT] . Expenditure disallowable under Section 14A - HELD THAT:- Second substantial question of law is answered by this Court M/S. SYNDICATE BANK [ 2020 (1) TMI 1141 - KARNATAKA HIGH COURT] in favour of the assessee - ITA NO. 100 OF 2012 - - - Dated:- 31-1-2020 - .....

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..... esides other High Court rulings, upheld the Appellant s claim for deduction u/s.36(1)(vii) of the Act? 9.2. Whether on the facts, in the circumstances andon the grounds urged: (a) the Tribunal was right in remitting the issue to the Assessing Officer for arriving at the expenditure disallowable under Section 14A of the Act? (b) The Tribunal ought to have held that no disallowance wa .....

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