https://www.taxtmi.com/caselaws?id=459730 The HC of Calcutta allowed a 577-day delay in filing an appeal under Section 260A of the Income Tax Act, 1961. The appeal by the revenue was dismissed because the assessing officer failed to record satisfaction for invoking Rule 8D concerning disallowance under Section 14A. The Court upheld the CIT(A)'s decision in favor of the assessee, answering the substantial question of law against the revenue. en-us Mon, 16 Jan 2023 00:00:00 +0530 Tue, 24 Dec 2024 20:36:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459730 The HC of Calcutta allowed a 577-day delay in filing an appeal under Section 260A of the Income Tax Act, 1961. The appeal by the revenue was dismissed because the assessing officer failed to record satisfaction for invoking Rule 8D concerning disallowance under Section 14A. The Court upheld the CIT(A)'s decision in favor of the assessee, answering the substantial question of law against the revenue. Case-Laws Income Tax Mon, 16 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459730