2019 (9) TMI 1207

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..... rcumstances, we had directed the appellant s advocate on record to serve notice on the respondent. By consent of the parties, we have heard out the appeal. On the facts and in the circumstances of the case, we feel that the above questions of law should be referred to the tribunal. On remand, it shall decide both the legal and factual issues arising out of Section 14A of the Income Tax Act, 196 .....

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..... oned salary and expenses offered for disallowance under section 14A of the Income Tax Act, 1961 can be given a go by and rule 8D of the Income Tax Rules, 1962, can be invoked? ( ii) Whether the tribunal was justified in law in rejecting the appellant s working and explanation for disallowance of ₹ 35,03,000/- under section 14A of the Income Tax Act, 1961 and in invok .....

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..... s of law should be referred to the tribunal. On remand, it shall decide both the legal and factual issues arising out of Section 14A of the Income Tax Act, 1961 as contained in the said questions and pass a reasoned order after hearing the parties within six months from the date of communication of the order. The impugned order of the tribunal dated 27th November, 2018 is set aside .....

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