2023 (2) TMI 1324

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..... T:- the issue involved in this appeal is covered by the decision of this court in the Principal Commissioner of Income Tax and another vs. M/s.Coffee Day Enterprises Ltd. [ 2023 (1) TMI 1395 - KARNATAKA HIGH COURT] wherein this Court has dismissed the appeal filed by the Revenue holding questions of law in favour of the assessee. The same is not refuted by Appellants. Decided in favour of the asse .....

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..... ly by the assessee will meet the requirements as set out in section 14A of the Act even though the conditions for invoking were satisfied in the case of the assessee? 2. Whether on the facts and in the circumstances of the case and in law, the Tribunal's order can be said as perverse as Tribunal has allowed relief to assessee in respect of section 14A ignoring the CBDT Circular No.5 of 2014 da .....

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