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RAJIV SHAKDHER, GIRISH KATHPALIA
Principal Commissioner of Income Tax (central) – Appellant
Versus
Bharat Hotels Ltd. – Respondent
JUDGMENT
[Physical Hearing/Hybrid Hearing (as per request)]
Rajiv Shakdher, J. (Oral)
CM APPL. 23111/2023
1. Allowed, subject to just exceptions.
CM APPL. 23112/2023 [Application filed on behalf of the appellant seeking condonation of delay of 60 days in re-filing the appeal]
2. This is an application moved on behalf of the appellant/revenue seeking condonation of delay in re-filing the appeal.
2.1 According to the appellant/revenue, there is a delay of 60 days.
3. Ms Ananya Kapoor, who appears on behalf of the respondent/assessee, says that she does not oppose the prayer made in the application.
4. Accordingly, the delay is condoned.
5. The application is disposed of, in the aforesaid terms.
ITA 263/2023
6. This appeal concerns Assessment Year (AY) 2015-16.
7. The appellant/revenue seeks to assail order dated 30.08.2022 passed by the Income Tax Appellate Tribunal [in short, "Tribunal"].
8. The only issue which arises for consideration, according to Mr Sanjay Kumar, senior standing counsel, who appears on behalf of the appellant/revenue, is whether disallowance made by the Assessing Officer (AO) under Section 14A of the Income Tax Act, 1961 [in short, "Act"], read with Rule 8D o
The court's decision was influenced by the principle that when an issue is already settled by previous decisions, it does not warrant further consideration.
The court's decision was influenced by the specific judgments covering the issue and the absence of substantial questions of law for consideration.
The court's decision was influenced by the lack of substantial question of law and the specific provisions of Section 14A of the Income Tax Act, 1961.
The court's decision was influenced by the applicability of previous judgments and the absence of a substantial question of law for consideration.
No substantial question of law arose for consideration in the case.
The court found that the issue was covered by previous judgments and no substantial question of law arose for consideration.
The court's decision emphasized that no substantial question of law arose for consideration, leading to the dismissal of the appeals.
The court's decision was based on the lack of substantial question of law arising for consideration and the coverage of the issue by a previous court decision.
The court has the discretion to condone delay in re-filing appeals and may rely on previous decisions to close appeals.
Disallowance under Section 14A of the Income Tax Act cannot exceed the tax exempt income earned by the assessee.
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