2011 (12) TMI 662

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.... : Shri O.A. Mao ORDER PER B.R. MITTAL, JM : The assessee has filed this appeal for assessment year 2007-08 against order of Ld. CIT(A) dt. 24.5.2010 on following ground: "The Ld. CIT(A) erred in law and facts of the case while confirming the disallowance of Rs. 81,03,631/- u/s. 14A of the Act. The Ld. CIT(A) was not justified in rejecting the assessee's contention that the said expens....