Dismissing the appeal of the revenue the Tribunal held that ,disallowance u/s. 14A read with Rule 8D cannot resorted while determining the book profit .(AY. 2012-13 , 2013-14)
DCIT v. Asian Grantio India Ltd. (2020) 182 ITD 441 (Ahd.)(Trib.)
S. 115JB : Book profit-Exempt income-Disallowance u/s. 14A read with Rule 8D cannot resorted while determining the book profit. [S.14A , R.8D]