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No disallowance can be made U/s. 14A with regard to investment in foreign subsidiaries
Case Law Details
- Case Name
- M/s. Suzlon Energy Limited Vs DCIT (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2005-06 & 2006-07
- Courts
- All ITAT, ITAT Ahmedabad
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ITAT AHMEDABAD BENCH ‘C’
Suzlon Energy Ltd.
versus
Deputy Commissioner of Income-tax
IT Appeal Nos. 3911(Ahd.) of 2007 & 1367 (Ahd.) of 2008
[ASSESSMENT YEARS 2005-06 & 2006-07]
SEPTEMBER 21, 2012
ORDER
A.K. Garodia, Accountant Member
These are cross-appeals of the assessee and the Revenue for two years which are directed against two separate orders of the learned Commissioner of Income-tax (Appeals)-XIV, Ahmedabad, dated September 27, 2007 for the assessment year 2005-06 and dated March 17, 2008, for the assessment year 2006-07. All these appeals were heard together and ...
