NADATHUR ESTATES P LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX,, BANGALORE

In the result, the appeals by the assessee are allowed for statistical purposes

Bench: Smt. Asha Vijayaraghavan & Shri Jason P. Boaz

138/- is required to be disallowed, As appellant has already disallowed PMS related expenses of Rs.59,58,386/- the disallowance u/s.14A rw R8D would be an amount of Rs.85,02,752/- AO is directed to restrict the disallowance u/s. 14A rw Rule 8D to this amount. These grounds are partly allowed.” 18. For the A.Y. 2010-11, the CIT(Appeals