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

Bench: SUJOY PAUL,NAMAVARAPU RAJESHWAR RAO

8D be interpreted so as to mean that the entire tax exempt income is to be disallowed. The window for disallowance is indicated in Section

The Commissioner of Income Tax-IV vs. M/s Planet Online Pvt Ltd

Bench: Us Challenging Order Dated 17.04.2013, Passed By The Income Tax Appellate Tribunal, Chandigarh Bench 'B'. Chandigarh (Hereinafter Referred To As 'The

disallowed by the Assessing Officer, under Section 14A of the Act read with Rule 8D of the Income Tax Rules

PR COMMISSIONER OF INCOME TAX vs. R SURYANARAYANA

In the result, the appeal filed by the revenue stands

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallowance under Section 14A of the Income Tax Act, 1961 read with Rule 8D of the Income Tax Rules, 1962 contrary

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. Smt.Anitha Sanghi

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

disallowed? (ii) Whether the provisions of the Section 14A of the Act r/w Rule 8D of the Income Tax Rules

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

8D of the Rules and holding that s. 14A of the Act would be applicable. In spite of this exercise of apportionment of expenditure carried out by the AO, CIT(A) disallowed the entire deduction of expenditure. That view of the CIT(A) was clearly untenable and rightly set aside by the Tribunal. Therefore, on facts, the Punjab & Haryana High

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

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

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

Section 14A. The tribunal has held that the aforesaid disallowance was reasonable. The Assessing Officer had disallowed an amount of Rs.69,65,686/- and held this was the reasonable expenditure incurred to earn dividend income of Rs.3,95,439/-. In view of the facts noticed above, the contention of the revenue is rather far-fetched, if not perverse and illogical

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

The appeals are disposed of

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

disallowed? (ii) Whether the provisions of Section 14A of the Act read with Rule 8D of the Income Tax Rules

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