ORDER SHEET GA No.3728 of 2014 With ITAT No.185 of 2014 IN HIGH COURT AT CALCUTTA SPECIAL JURISDICTION (INCOME TAX) ORIGINAL SIDE C.I.T., KOLKATA-I, KOLKATA Versus M/S. CRISH PARK VINCOM LTD. BEFORE: Hon'ble JUSTICE GIRISH CHANDRA GUPTA Hon'ble JUSTICE ARINDAM SINHA Date : 6th January, 2015. Appearance: Ms. Soma Chatterje, Adv. for applicant. Court : Assessing Officer was not satisfied with explanation offered by assessee that proper disclosures were made with regard to expenditure incurred for earning income exempt under Section 14A of Income Tax Act, 1961. He, therefore, applied Rule 8D, though aforesaid rule at material time had not become operative. In appeal preferred by assessee Appellate Authority set aside order of Assessing Officer holding that assessee had furnished proper explanation as regard expenditure incurred for earning exempt income. Revenue preferred appeal which was dismissed. Revenue has come up with appeal before us. 2 Whether or not expenditure incurred for purpose of earning exempt income has been properly explained is essentially question of fact. Both Appellate Authority and learned Tribunal were of opinion that expenditure was properly established. There is as such no scope for any interference with concurrent finding of fact recorded by learned Tribunal and Appellate Authority. There is thus no reason why appeal should be admitted. appeal, therefore, is dismissed. (GIRISH CHANDRA GUPTA, J.) (ARINDAM SINHA, J.) cs. Commissioner of Income-tax , Kol -I, Kol v. M/s. Crish Park Vincom Ltd