2021 (2) TMI 1335

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..... CHITRA KAMBLE, JM This appeal is filed by the Revenue against order dated 07/08/2017 passed by CIT(A)-1, New Delhi for assessment year 2014-15. 2. The grounds of appeal are as under:- "On the facts and in the circumstances of the case, the Ld.CIT(A) is not justified in deleting addition of Rs. 3,14,71,557/- made by the A.O on account of disallowance of expenses u/s 14A read with Rule 8D." 3. .....

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..... htly deleted the addition in light of the decisions of the Hon'ble Delhi High Court in case of Cheminvest Ltd. Vs. CIT 61 Taxman.com 118 (Delhi) and CIT Vs. Holcim Ltd. 57 Taxman 28. The CIT(A) has given a detailed finding and there is no need to interfere with the same in light of the decision of the Jurisdictional High Court. In fact, the issue is covered by the decision of the Apex Court decisi .....

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