No section 14A disallowance where assessee incurred no expenditure to earn dividend

IN THE ITAT MUMBAI BENCH ‘G’ Greaves Leasing Finance Ltd. v/s. Income-tax Officer, 6(3)(1) IT APPEAL NO. 5634 (MUM.) OF 2009 [ASSESSMENT YEAR 2004-05] JULY 27, 2012 ORDER Amit Shukla, Judicial Member This appeal has been filed by the assessee against the order dated 28.07.2007 passed by CIT(A)-XXVI, Mumbai for the quantum of assessment passed u/s 143(3) for the assessment year 2004-2005. 2. In the grounds of appeal numbering A to C, the assessee has mainly challenged disallowance u/s 14A, deduction of Short Term Capital Loss from Rs. 4,72,49,239/- to Rs. 29,86,018/...