2017 (9) TMI 1777

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....the assessee is directed against order of learned CIT(A) dated 29.01.2016 and pertains to assessment year 2010-2011. 2. The grounds of appeal read as under:- "1. The learned Commissioner of Income-tax (Appeals)-53, Mumbai [CIT(A)] on the facts of the case and in law, erred in upholding the order of the Deputy Commissioner, Central Circle-33 (Assessing Officer) (AO) dated 11.02.2013, co....

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.... 14A of the Act and the method of working the disallowance was prescribed in Rule 8D of the I.T. Rules, 1962. Accordingly, disallowance of administrative expenses under Rule 8D(2)(iii) was worked out by the A.O. at Rs. 14,73,973/- which was added to the total income of the appellant. 4. Upon assessee's appeal, the learned CIT(A) confirmed the addition. Against the above order, assessee is in ap....

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....assessment year 2012-2013 wherein vide order dated 29.04.2015 the learned CIT(A) has followed the above decisions and has held that no disallowance u/s 14A was required in the case of the assessee. 5.1 Per contra, learned Departmental Representative relied upon the decision of Hon'ble jurisdictional High Court in the case of in the case of Godrej & Boyce Ltd. 6. I have carefully considered t....