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Godrej & Boyce Mfg Co. Ltd, Mumbai vs Dcit 10(2), Mumbai on 21 December, 2016

assessee's own case , thus , in order to maintain consistency and judicial discipline , end of justice will be met in the instant case if further disallowance of expenditure u/s 14A is kept at an additional amount of Rs.1,00,000/- towards administrative/misc. expenses to be added to the income of the assessee . This is in view of the non recording of proper satisfaction by the authorities below as to the incorrectness of the claim of the assessee's claim and also this disallowance u/s 14A so upheld by us is in consonance with the decision of Hon'ble Supreme Court in the case of Godrej and Boyce Manufacturing Company Ltd. v. DCIT (2017) 394 ITR 449(SC). We order accordingly.
Income Tax Appellate Tribunal - Mumbai Cites 10 - Cited by 413 - Full Document
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