2015 (8) TMI 1399

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....nior Advocate with Prakash Kumar and Bhuvita, Advocates ORDER 1. These appeals by the Revenue under Section 260 A of the Income Tax Act, 1961 ('Act') are directed against the order dated 29th December, 2014 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA Nos.4959/Del/2012 and 5401/Del/2013 for the Assessment Years ('AY') 2009-10 and 2010-11. 2. As far as the issue relating to ....

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....ment during the year was made in a subsidiary company which was situated outside India and, therefore the dividend income if any received from foreign companies was not exempt." 4. The ITAT has rightly followed the decision of this Court in CIT v. Holcim India Pvt. Ltd. (2014) 272 CTR (Del) 282 and held that since no exempt dividend income was earned the question of invoking Section 14 A of the....