2019 (12) TMI 1567

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..... is noticed, the assessee has not filed an appeal against the confirmation of the disallowance u/s.14A and as the Revenue has not been able to point out any error in the order of the learned CIT(A) in restricting the disallowance u/s.14A being 0.5% of the average value of the investment, the order of the CIT(A) on the issue stands confirmed. Appeal of the Revenue is dismissed.
SHRI GEORGE MATHA .....

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..... ly, it was submitted by the learned Authorized Representative that the actual exempt income earned by the assessee was only ₹ 1,12,921/-. It was a submission that in view of the decision of the Hon'ble Delhi High Court in the case of Joint Investment Private Limited Vs. Commissioner of Income Tax reported in 372 ITR 694 which has also been upheld by the Hon'ble Supreme Court by dismissal of .....

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