COURT: | Supreme Court |
CORAM: | D. Y. Chandrachud J, Hemant Gupta J |
SECTION(S): | 14A, Rule 8D |
GENRE: | Domestic Tax |
CATCH WORDS: | Disallowance u/s 14A & Rule 8D, exempt income |
COUNSEL: | Vibha Dutta Makhija |
DATE: | February 8, 2019 (Date of pronouncement) |
DATE: | April 6, 2019 (Date of publication) |
AY: | - |
FILE: | Click here to view full post with file download link |
CITATION: | |
S. 14A/ Rule 8D: In the absence of any exempt income, disallowance u/s 14A & Rule 8D of the Act of any amount is not permissible (Essar Teleholdings 401 ITR 445 (SC) followed, Cheminvest 378 ITR 33 (Del) approved) |
In view of the decision of this Court in Commissioner of Income Tax 5, Mumbai vs. Essar Teleholdings Ltd. through its Manager [401 ITR 445 (SC)] (2018) 3 SCC 253, we see no reason to entertain this special leave petition under Article 136 of the Constitution of India
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