Held that discussion made in assessment order showed that Assessing Officer was not satisfied with claims of assessee, same would satisfy requirement of recording of dissatisfaction by Assessing Officer as per section 14A of the Act. Disallowance was restricted to Rs.50,000. (AY. 2007-08, 2009-10to 2015-16)
Hindustan Aeronautics Ltd. v. ACIT (2021) 190 ITD 721 (Bang.)(Trib.)
S. 14A : Disallowance of expenditure-Exempt income-Dissatisfaction-Discussion made in the assessment order would satisfy requirement of recording of dissatisfaction. [R. 8D]