Held that where assessee-company did not have exempt income, no disallowance under section 14A, read with rule 8D, could be made. (AY 2007-08 to 2013-14)
PCIT v. Delhi International Airport P. Ltd. (2022) 138 taxmann.com 112 (Karn.)(HC) PCIT v. Delhi International Airport P. Ltd. (2022) 138 taxmann.com 541 ( Karn)(HC) Editorial : Notice issued in SLP filed by Revenue, PCIT v. Delhi International Airport P. ltd. (2022) 287 Taxman 100 / 113 CCH 271 (SC)/Notice issued in SLP filed by Revenue , PCIT v. Delhi International Airport P. ltd. (2022) 289 Taxman 18 (SC)
S. 14A : Disallowance of expenditure-Exempt income-No exempt income-No disallowance can be made [R.8D].