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TMI Blog2018 (4) TMI 1769X X X X Extracts X X X X X X X X Extracts X X X X ..... ench (in the assessee s own case for the A.Y. 2009-10) we are of the opinion that the view taken by the Ld. CIT(A) does not call for any interference. It may be noted that the Assessee requested for time which was not granted; In fact he has not even filed his power of attorney. Considering the fact that there is no need for appearance of the assessee in the instant case, we reject the request ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the facts and in the circumstances of the case and in law, the Ld. CIT(A) erred in deleting the disallowance made u/s 14A by holding that assessee did not earn any exempt income. 2. Facts necessary for the disposal of appeal are stated in brief. Assessee-company is into real estate business. For the year under consideration it admitted taxable income of ₹ 46.36 lakhs. T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3. On an appeal filed by the assessee, Ld. CIT(A) observed that the assessee having not earned any income out of such investments it falls out of the ken of section 14A, in the light of the decision of the ITAT, Hyderabad A Bench in the assessee s own case for the A.Y. 2009-10 (ITA No.1786/Hyd/2013). Accordingly she set aside the disallowance made by the A.O. Aggrieved, Revenue is in app ..... X X X X Extracts X X X X X X X X Extracts X X X X
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