Dismissed
Principal Commissioner of Income Tax - 7 v. M/S Rattan India Infrastructure Ltd.
Delhi HCITA/312/2018
Case brief
AI extract
What is this about?
The Income Tax Appellate Tribunal deleted the disallowance brought to tax under Section 14A. The Income Tax Appellate Tribunal applied Rule 8D to determine the disallowance figure. The Income Tax Appellate Tribunal relied on Cheminvest Ltd and Commissioner of Income Tax vs Winsome Textiles. The revenue appealed against the Income Tax Appellate Tribunal decision relying on the same principles to ho
What did the court decide?
The Income Tax Appellate Tribunal appeal dismissed as no question of law arises.