2018 (7) TMI 1176 - SCH - Income Tax

Disallowance under Section 14A - Assessing Officer (AO) did not expressly record reasons for rejection of that figure and instead proceeded to disallow a sum - Held that - In view of decision rendered in Principal Commissioner of Income Tax-I vs. D.B. Corp Ltd. 2018 (3) TMI 805 - SUPREME COURT OF INDIA this Special leave petition is dismissed.

Summary

Supreme Court of India dismissed a special leave petition citing a previous decision in a related case. Delay was condoned. Pending applications were disposed of.