Facts of the
Case
As noted in the order dated 22.10.2018, the Revenue
filed appeals against the assessee, M/s Samtel Machines and Projects Ltd.,
for Assessment Years 2008-09 and 2009-10.
During proceedings, it was admitted by the
Revenue that the assessee had not earned any exempt income in the
relevant assessment years.
The issue revolved around whether disallowance
under Section 14A could still arise despite absence of exempt income.
Issues
Involved
- Whether disallowance under Section 14A can be made when no
exempt income is earned during the relevant assessment year.
- Whether any substantial question of law arises in such
circumstances.
Petitioner’s
(Revenue’s) Arguments
- The Revenue challenged the Tribunal’s decision, seeking application
of Section 14A.
- It attempted to justify disallowance of expenditure allegedly
related to exempt income.
Respondent’s
(Assessee’s) Arguments
- The assessee contended that no exempt income was earned,
hence Section 14A was not applicable.
- It relied on settled judicial precedents that disallowance cannot
be made in absence of exempt income.
Court’s
Findings / Order
The Delhi High Court held:
- Since it was undisputed that no exempt income was earned, Section
14A disallowance cannot be invoked.
- The Court relied on its own contemporaneous judgment in:
Principal Commissioner of Income Tax-6 vs. McDonald’s India Private Limited (ITA No. 725/2018). - It concluded that no substantial question of law arises.
Final Order
- The appeals filed by the Revenue were dismissed.
- No order as to costs was passed.
Important
Clarification
- This judgment reinforces the settled legal position that:
Section 14A
disallowance is not applicable where no exempt income is earned during the
relevant assessment year.
- The Court emphasized that factual admission by Revenue itself (absence of exempt income) is sufficient to dismiss such appeals.
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:8313-DB/SKN22102018ITA4772018_151823.pdf
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