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

$~71 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 585/2018 AND CM APPL. 20004/2018 PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) - 1 ..... Appellant Through Mr. Sanjay Kumar, Adv.

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

% 15.05.2018 In the Revenue's appeal filed under Section 260A of the Income Tax Act ('the Act'), the issue is with respect to the disallowance under Section 14A of the Act. The assessee had volunteered the amount over `2,78,38,017/- towards deduction. The AO worked out disallowance by applying Rule 8D at `5,20,64,236/-; thus added the difference over `2,42,26,219/-. Both the CIT(A) and the ITAT granted the relief. The ITAT followed the decision of this Court in Cheminvest Ltd. v. ACIT, 378 ITR 33. Consequently, no question of law arises. The appeal is dismissed. The pending application also stands disposed off.

S. RAVINDRA BHAT, J A. K. CHAWLA, J MAY 15, 2018/rc