Principal Commissioner Of Income Tax (Central) - 1 v. Claridges Hotels Pvt. Ltd.

$~61 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 536/2018 PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) - 1 ..... Appellant Through:

Mr. Puneet Rai with Mr. Ruchir Bhatia, Advs.

versus CLARIDGES HOTELS PVT. LTD.

..... Respondent Through:

None.

CORAM:

HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA

O R D E R

% 07.05.2018 The Revenue‟s grievance in its appeal under Section 260A of the Income Tax Act, 1961 (hereafter referred to as „the Act‟) is with respect to the deletion of the amounts brought to tax under Section 14A of the Act, by application of Rule 8D of the Income Tax Rules, 1962. The disallowance made was `5,20,64,236/-. This Court notices that the ITAT followed the judgment of this Court in Cheminvest Ltd. v. ACIT 378 ITR 33 while granting relief. No substantial question of law therefore arises. The appeal is dismissed.

S. RAVINDRA BHAT, J A. K. CHAWLA, J MAY 07, 2018 kks