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TMI Blog2021 (10) TMI 1198X X X X Extracts X X X X X X X X Extracts X X X X ..... ting material and the same had already been made in Section 143(3) assessment. We therefore accept the assessee s grievance herein. Addition u/s 14A r.w.r 8D - HELD THAT:- As decided in own case [ 2021 (9) TMI 124 - ITAT HYDERABAD ] the very disallowance stood accepted on the ground that it had not derived any exempt income. We therefore adopt the very precise reason herein as well to delete the i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Act, 1961 [in short, 'the Act'] in the latter twin cases pertaining to A.Y. 2014-15; respectively. Heard both the parties. Case files perused. 2. We notice at the outset with the able assistance of both the parties that the assessee's identical sole substantive grievance herein seeks to reverse both the lower authorities' action making Section 14A r.w. Rule 8D disallowance of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on 143(3) assessment. We therefore accept the assessee's grievance herein. Its former appeal ITA No. 438/Hyd/2020 succeeds therefore. 4. The outcome is no different in assessee's latter twin appeal ITA Nos. 439 & 440/Hyd/2020 pertaining to A.Y. 2014-15 as well since this tribunal's co-ordinate bench decision in its C.O. No. 23/Hyd/2018 filed in Revenue's appeal No. 655/2018 involv ..... X X X X Extracts X X X X X X X X Extracts X X X X
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