2023 (10) TMI 1407

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..... ed assessee grounds of appeal - HELD THAT:- This Appeal pertains to Assessment Year 2011-12. Identical questions of law were proposed (except figure differed) in [ 2020 (3) TMI 552 - BOMBAY HIGH COURT] pertaining to Assessment Year 2010-11. That appeal came to be dismissed by order dated 4th March 2020. - K. R. SHRIRAM And NEELA GOKHALE , JJ. Mr. Suresh Kumar for Appellant Mr. Divesh Chawla i/b .....

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..... ance given? 3. Whether on the facts and in the circumstances of the case and in Law, the Hon ble ITAT was justified in restricting the disallowance u/s. 14A under rule 8D(2) of Rs.4,62,71,213/- (which was enhanced by Ld. CIT(A) at Rs.63,58,38,829/-) to Rs. 10 lakh and thereby restricted the adjustment made u/s. 115JB to Rs. 10 lakh from Rs.63,58,38,829/- and deleting the disallowance u/s. 14A and .....

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