The Principal Commissioner of Income-tax-6, Mumbai v. Dharti Investments & Holdings Ltd
[Citation -2017-LL-1205-17]
| Citation | 2017-LL-1205-17 |
|---|---|
| Appellant Name | The Principal Commissioner of Income-tax-6, Mumbai |
| Respondent Name | Dharti Investments & Holdings Ltd. |
| Court | HIGH COURT OF BOMBAY |
| Relevant Act | Income-tax |
| Date of Order | 05/12/2017 |
| Judgment | View Judgment |
| Keyword Tags | question of law • disallowance of expenditure |
| Bot Summary: | Mr.A.R.Malhotra for the Appellant. The question of law pressed into service by the learned counsel appearing for the appellant reads thus : Whether, on the facts and in the circumstances of the case and in law, the Tribunal was justified in holding the ground of Revenue as infructuous and not considering the fact that the CIT erred in confirming the addition under section 14A of the Income Tax Act to the extent of Rs.2.66 crores, relying on the judgment of this Court in the case of Godrej and Boyce Mfg. Co. Ltd. 328 ITR 81, without appreciating the fact that the above judgment of this Court has not been accepted by the Revenue and SLP has been filed against it ::: Uploaded on - 08/12/2017 ::: Downloaded on - 11/12/2017 09:24:38 ::: 2 46.ia1347. It is not in dispute that the SLP filed by the revenue against the decision of this Court in Godrej and Boyce Mfg. Co.Ltd. has been dismissed. This Court is bound by the decision in the case of Godrej and Boyce Mfg. Co. Ltd. Hence, no substantial question of law arises, hence the appeal is dismissed. |