Held that the assessee had made suo motu disallowances in those years and such disallowances were not commented upon by the Assessing Officer but were disregarded and he did not record satisfaction for not accepting the suo motu disallowances. Order of Tribunal is affirmed. (AY.2013-14)
PCIT v. Nestle India Ltd. (No. 1) (2023)457 ITR 210/153 taxmann.com 150 (Delhi)(HC)
S. 14A : Disallowance of expenditure-Exempt income-Not recording satisfaction-Order of Tribunal deleting the addition is affirmed. [R. 8D]