Following earlier order of Tribunal in assessee’s own case for assessment year 2010-11,the Tribunal directed the Assessing Officer to verify calculation made by assessee vis a vis calculation made in earlier year which were accepted by Tribunal and restrict disallowance accordingly after reducing sum already disallowed by assessee.(AY. 2011-12
ACIT v. Nahar Industrial Enterprises Ltd. (2022) 219 DTR 73 / 219 TTJ 544 / 99 ITR 562 (Chd)(Trib) ACIT v. Nahar Spinning Mills Ltd (2022) 219 DTR 73 / 219 TTJ 544/ 99 ITR 562 /142 taxmann.com 52 (Chd)(Trib) ACIT v. Oswal Woollen Mills Ltd. (2022) 219 DTR 73/ 219 TTJ 544 /99 ITR 562 / 142 taxmann.com 52 (Chd)(Trib)
S. 14A : Disallowance of expenditure-Exempt income-Disallowance was worked on proportionate basis-Matter remanded. [S. 10(38), R. 8D]