2015 (8) TMI 1399

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..... - the question stands answered against the Revenue by an order passed in CIT v. Bharat Hotels Ltd. (2015 (7) TMI 875 - DELHI HIGH COURT ). Addition u/s 14A - Held that:- The ITAT has rightly followed the decision of this Court in CIT v. Holcim India Pvt. Ltd. (2014 (9) TMI 434 - DELHI HIGH COURT) and held that since no exempt dividend income was earned the question of invoking Section 14 A of the .....

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..... e by an order dated 24th July 2015 passed by this Court in ITA No.69/2000 (CIT v. Bharat Hotels Ltd.). 3. The other issue in these appeals is whether the addition made by the Assessing Officer ('AO') invoking Section 14A of the Act read with Rule 8D of the Income Tax Rules, 1962 was justified? In this regard, the ITAT has in the impugned order noted the following "undisputed facts": "(i) The as .....

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