This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Section 14A cannot be invoked when no exempt income was earned
Case Law Details
- Case Name
- Commissioner of Income Tax Vs M/s Lakhani Marketing Incl. (Punjab and Haryana High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Punjab and Haryana HC
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Punjab and Haryana High Court in CIT vs. M/s. Lakhani Marketing Inc, ITA No.970 of 2008 (O&M) , Dated- 02.04.2014 made reference to two earlier decisions of the same Court in CIT Vs. Hero Cycles Limited, 323 ITR 518 and CIT Vs. Winsome Textile Industries Ltd 319 ITR 204 to hold that Section 14A cannot be invoked when no exempt income was earned.
HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
ITA No. 970 of 2008 (O&M)
Date of decision: 02.04.2014
Commissioner of Income Tax
Vs.
MIs Lakhani Marketing Incl.
CORAM: HONORABLE MR. JUSTICE AJAY KUMAR MITTAL
HONORABLE MR. JUSTICE JASPAL SINGH...
