ITAT
Income Tax
Infosys BPM Ltd. v. DCIT, Circle 3(1)
ITA No. 1207/Bang/2023
·
05 September 2024
·
ITAT
·
Bangalore
s.14A
Rule 8D
Exempt income
12
relied upon
2
cited in
Published 19 May 2026
Summary
Section 14A disallowance not sustainable in absence of exempt income earned during the year — follows the SC ratio in Maxopp Investment and the Delhi HC line in Cheminvest.
Case Details
Court / Tribunal
ITAT
Parties
Infosys BPM Ltd. v. DCIT, Circle 3(1)
Citation
ITA No. 1207/Bang/2023
Date of Judgment
05 September 2024
Bench
Bangalore
Tax Domain
Income Tax
Editorial note: This summary was prepared by TaxPleader's research team and reviewed by our editorial board. It reflects the position as at the date of judgment. For subsequent developments, see the citation chain above. Nothing here constitutes legal advice — read our Disclaimer.