COMMISSIONER OF INCOME TAX-TDA vs. M/S.IDEA CELLULAR LTD

Bench: SUJOY PAUL,NAMAVARAPU RAJESHWAR RAO

disallowance made by the assessee under Section 14A, as is mandatory in terms of sub section (2) of Section 14A

The Commissioner of Income Tax-I vs. M/s Andhra Bank

In the result, the appeal is dismissed

Bench: CHALLA KODANDA RAM,C.V.NAGARJUNA REDDY

disallowed Rs.7.58 crores under section 14A read with Rule 8D in accordance parameters of section 14A and as such the Tribunal

Commissioner of Income Tax-2, vs. Agricultural Market Committee,

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani & The Hon’Ble Justice Rajarshi Bharadwaj Date : 28Th February 2024. Appearance: Mr. J. P. Khaitan, Senior Advocate Mr. Somak Basu, Advocate … For The Appellant. Mr. Vipul Kundalia, Advocate Mr. Anurag Roy, Advocate Ms. Oindrila Ghosal, Advocate … For The Respondent. 1. Heard Sri J. P. Khaitan, Learned Senior Advocate Assisted By Sri Somak Basu, Learned Counsel For The Appellant Assessee & Vipul Kundalia, Learned Senior Standing Counsel For The Respondent. 2. This Appeal Was Admitted By This Court By Order Dated 19.08.2011 On Four Substantial Questions Of Law. Learned Counsel For The Appellant Has Stated That The Appellant Does Not Want To Press The Substantial

disallowance of Rs.44,03,373.68 Paise under Section 14A of the Income Tax Act, 1961 as interest expenditure incurred in relation

M/s.Tata Teleservices Limited vs. Dy. Commissioner of Income Tax

Bench: SUJOY PAUL,NAMAVARAPU RAJESHWAR RAO

disallowable u/s 14A. In above background apportionment of expenses is done applying section 14A read with Rule 8D as under

PR COMMISSIONER OF INCOME TAX vs. R SURYANARAYANA

In the result, the appeal filed by the revenue stands

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallow only a sum of Rs. 1,486/- under Section 14A on the ground that the disallowance under the said

COMM OF INCOME TAX, HYD vs. M/S. BALAN NATURAL FOOD PRIVATE LTD., HYD

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallowance made under section 14A of the Act?” 2. The factual background in which the aforesaid substantial questions of law arises

Commissioner of Income Tax-III, vs. M/s Sree Rayalaseema Green Energy Limited,

disallowance under Section 14A of the Income Tax Act, 1961 and the second issue relates to disallowance of provision for current

Teh Commissioner of Incoem Tax (Central) vs. Parupati Farms,

The appeal is disposed of

Section 14A of the Act? (b) The Tribunal ought to have held that no disallowance was warranted under Section 14A

The Commissioner of the Income Tax IV vs. Satya Prasad Anagani,

In the result, we do not find any merit in the

disallowable expenditure under Section 14A of the Act is erroneous and is prejudicial to the interest of the revenue. Accordingly

PRL COMM OF INCOME TAX-2, HYDERABAD vs. M/S NUZIVIDU SWATHI COASTAL CONSORTIUM, HYDERABAD

In the result, the appeal is disposed of

Bench: M.GANGA RAO,RAMESH RANGANATHAN

disallowed. The tribunal further held that the issue pertaining to Section 115JAA of the Act was not argued and the assessee cannot go back to the computation on the issue pertaining to Section 14A

The Principal Commissioner of Income Tax vs. M/s.Midwest Granites Private Limited

Appeal stands dismissed accordingly

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallowance of expenditure incurred on earning exempt income under Section 14A read with Rule 8D of the Act by following

The Commissioner of Income tax III, vs. Biraj Kavar Galada

The appeals are disposed of

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 14A of the Act cannot be disallowed? (ii) Whether the provisions of Section 14A of the Act read with

Commissioner of Income Tax, vs. Agricultural Market Committee,

In the result, the appeal (ITA/70/2011) is allowed to the extent indicated

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Hiranmay Bhattacharyya Date : 20Th March, 2023 Appearance : Mr. C. Bhaskaran, Adv. Ms. Swapna Das, Adv. …For The Appellant. Mr. Aryak Dutt, Adv. …For The Respondent.. The Court : - This Appeal Filed By The Assessee Under Section 260A Of The Income Tax Act (The Act) Is Directed Against The Order Dated September 30, 2009 Passed By The Income Tax Appellate Tribunal “B” Bench, Kolkata In Ita No.2486/Kol/2007 For The Assessment Year 2003-2004. The Appeal Was Admitted On 18.03.2011 On The Following Substantial Questions Of Law:- “1. Whether The Tribunal Below, While Interpreting Section 36(1)(Viia)(A) Of The Income-Tax Act, 1961, Committed Substantial Error Of Law In Holding That Deduction Under The First Proviso Was Alternative To That Under Sub-Clause (A) & That No Deduction Under The First Proviso Was Allowable If Deduction Had Been Allowed Under Sub-Clause (A) Thereby Rejecting The Appellant’S

Section 14A of the Income Tax Act, 1961 with effect from April 1,2007 and Rule 8D inserted in the Income Tax Rules 1962 on March 24, 2008 was procedural and retrospective and were applicable for the assessment year 2003-2004? 3. Whether the Tribunal below committed substantial error of law in directing the Assessing Officer to decide disallowance

PRL COMMISSOER OF INCOME TAX vs. SRISURAM VENKATESWARA REDDY

In the result, appeal filed by the revenue fails and is

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallowance made under Section 14A read with Rule 8D(2) (ii) and (iii) of the Act on expenditure incurred on earning

THE PRL COMMISSIONER OF INCOME TAX-II, VISAKHAPATNAM vs. L SURYAKANTHAM, VISAKHAPATNAM

In the result, the appeal fails and is hereby dismissed

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallowance under Section 14A read with Rule 8D(2)(iii) to the extent of Rs.20,51,175/- and disallowance of Rs.74

M/s. Pact Securities AND financial Services Ltd., vs. The Commissioner of Income Tax-1

In the result appeal is disposed of

disallowable under Section 14A of the Act? (b) The Tribunal ought to have held that no disallowance was warranted u/s. 14A

The Commissioner of Income Tax IV vs. M/s. Nav Bharat Enterprises Limited

disallowance of deduction under section 14A made by assessing authority even though the same is in accordance with law? (12) Whether

Commissioner of Income Tax-V, vs. Sri S.Venkat Reddy, (PAN ALAPS4009A)

In the result, the appeal fails and is hereby

disallowance under Section 14A of the Act. The assessee thereupon filed an appeal before the Commissioner of Income Tax (Appeals