2018 (2) TMI 2070

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....nst order of ld.CIT(A), Ahmedabad dated 24.8.2016 passed for the Asstt.Year 2013-14. 2. The grounds of appeal taken by the assessee are not in consonance with the Rule 8 of the Income Tax (Appellate Tribunal) Rules, 1963 - they are descriptive and argumentative in nature. In brief grievance of the assessee is that the ld.CIT(A) has erred in confirming disallowance of Rs. 2,23,236/- made by the AO....

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....t income Rs. 6,70,472/-. Appeal to the ld.First Appellate Authority did not bring any relief to the assessee. 4. The ld.counsel for the assessee at the very outset submitted that similar disallowance was made in the Asstt.Year 2012-13. When the dispute travelled to the Tribunal in ITA No. 3266/Ahd/2015, the Tribunal has restricted the disallowance equivalent to the exempt income earned by the ass....

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....592/Mum/2012 order dated 1.1.2015. Undersigned is also party to order of the ITAT in the Asstt.Year 2012-12 which is a Division Bench decision. I find that neither the AO has mentioned exact amount of dividend income or exempt income earned by the assessee in the assessment order nor ld.CIT(A). According to the assessee details available at page no.28 of the paper book indicate the dividend income....