DCIT, C-1(1), CHANDIGARH vs. M/S STYLAM INDUSTRIES LTD., CHANDIGARH
In the result, the Department’s appeal in for assessment year
ITA 1033/CHANDI/2017[2013-14]Status: DisposedITAT Chandigarh04 Sept 2024AY 2013-14
Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)
For Appellant: Shri Vineet Krishan, AdvocateFor Respondent: Shri Dharam Vir, JCIT, Sr.DR
Section 14ASection 195Section 40Section 40ASection 5(2)Section 6Section 9(1)
5 of 2014,
ITA Nos. 1033 & 960/2017
& ITA Nos. 389 & 394/CHD/2019
16
wherein, it has been clarified that disallowance has to be
made even when no exempt income has been earned by the
assessee.
16. The ld. Counsel for the assessee, on the other hand
has placed strong reliance on the impugned order. We find
that
