2022 (1) TMI 1225

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.... For the Department : Shri Brajendra Kumar ORDER PER C.N. PRASAD (JM) 1. Through this miscellaneous application assessee states that additional grounds of appeal filed by the assessee in appeal No. 3423/MUM/2011 is not adjudicated. It was also further stated that identical additional ground has been raised by the assessee for the A.Y.2007-08 and the same is adjudicated and requested th....

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.... upward adjustment of disallowance computed under section 14A of the Act, read with Rule 8D of the Rules, while computing 'book profit' under section 115JB of the Act. Additional Ground 2: On the facts and in the circumstances of the case and in law, considering that the disallowance computed under section 14A of the Act read with Rule 8D of the Rules 'does not represent actual expenditur....