2015 (4) TMI 880

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....eal of the Revenue challenges the order passed by the Income Tax Appellate Tribunal, Bench at Mumbai dated 22nd February, 2013 passed in Income Tax Appeal No. 4128/Mum/2011.The assessment year in question is 2007-08. 2. Mr. Suresh Kumar appearing for the Revenue in support of this Appeal would submit that the question of law at page 3 of the paper book [para 3.8 (a)] is the substantial question....

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....nder section 10 of the Income Tax Act, 1961. We are only concerned here with the dividend. The Assessing Officer held that certain amount of administrative expenditure was attributable towards earning the dividend income and difficult to accept the contention of the Assessee that no expenditure has been incurred to earn such income. He therefore disallowed the sum of Rs. 76,15,743/- under section ....