Section 14A : AO has to record dissatisfaction on suo motu disallowance by Assessee before applying Rule 8D : HC
HIGH COURT OF BOMBAY Principal Commissioner of Income-tax-14 v. Godrej Investment Ltd. M. S. SANKLECHA AND NITIN JAMDAR, JJ. WRIT PETITION NOS. 3100 & 3109 OF 2019 NOVEMBER 26, 2019 Suresh Kumar for the Petitioner. Atul Jasani for the Respondent. ORDER 1. These two Petitions under article 226 of the Constitution of India challenge a common order dated 29 March… Read More »