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1 result for “disallowance”+ Section 8Dclear

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Key Topics

Section 14A8Section 36(1)(viia)4

ACIT, NAINITAL vs. M/S. THE NAINITAL BANK LTD., UTTRAKHAND

In the result, the appeal of the Revenue is dismissed

ITA 6018/DEL/2016[2013-14]Status: DisposedITAT Dehradun05 Mar 2021AY 2013-14

Bench: Hon’Ble Mr. Justice P.P. Bhatt & Shri G.S. Pannu, Hon’Bleassessment Year : 2013-14

For Appellant: Shri N.C. Upadhyay, Senior DRFor Respondent: Shri K.R. Rastogi, FCA
Section 10Section 14ASection 36(1)(vii)Section 36(1)(viia)

Section 14A of the Act. In this context, the relevant facts are that the AO disallowed a sum of Rs.1,55,24,593/- out of interest expenditure by invoking Rule 8D