In the result, the Revenue’s appeal is dismissed (ITA No
Bench: the ITAT. The grounds may be extracted for reference:
36(1)(viii) by Rs.30,80,96,948/ in his order which is confirmed by the Ld. CIT(A), as such his finding is completely arbitrary, unjustified and illegal. 3. For that on the facts of the case, the Ld. CIT(A) was wrong in restricting the disallowance u/s. 14A amounting to Rs. 1.47 crores by invoking Rule