Case Law Details
Case Name : Shri Ashok M. Wadhwa Vs ACIT (ITAT Mumbai)
Appeal Number : ITA Nos. 1871 & 2576/Mum/2012
Date of Judgement/Order : 20/12/2017
Related Assessment Year : 2008-09
Courts :
All ITAT ITAT Mumbai
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Shri Ashok M. Wadhwa Vs ACIT (ITAT Mumbai)
As AO failed to arrive at satisfaction as to non-correctness of assessee’s claim as regards no expenditure against exempt income, invocation of rule 8D was in contravention of section 14A(2) and, therefore, disallowance was deleted.Please become a Premium member. If you are already a Premium member, login here to access the full content.
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