2017 (11) TMI 968

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....nt : Mr. Rahul Kaushik, Advocate For the Respondent : None ORDER 1. The questions sought to be urged by the Revenue in this appeal under Section 260A of the Income Tax Act, 1961 is whether the Tribunal (ITAT) fell into error in its appreciation concerning the exempt income under Section 14A and the disallowance attributable to it. 2. The facts of this case are peculiar; the AO had disa....

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....on 254 urging that rectification was essential. The impugned order dismissed that application noting that the High Court specifically recorded that no argument in respect of Rule 8D (2) (iii) had been made. 5. The Revenue urges that the ITAT was duty bound to go into the matter once this Court recorded that the question had not been urged and that since it had omitted to return the finding in t....