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2010 (8) TMI 780

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....i D. K. Tyagi, J.M. And Hon'ble Sri C. D. Rao, A.M,JJ. For the Appellant : Sri Piyush Kolhe. For the Respondent : Sri B. K. Poddar. ORDER Per Shri C.D.Rao, A.M. This appeal has been filed by th....

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....rved that on the issue of disallowance under section 14A the Kolkata Benches has consistently taken the view that this disallowance should be restricted to 1% of the dividend income. Therefore, we set....