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2014 (9) TMI 1042 - BOMBAY HIGH COURTDisallowance u/s 14A r.w.r. 8D - whether ITAT was correct in law in setting aside the disallowance made u/s.14A by relying on the decision of the Bombay High Court in the case of Godrej & Boyce Mfg. Co. Ltd. V/s. DCIT (2010 (8) TMI 77 - BOMBAY HIGH COURT), when the department has not accepted the principles laid own by the said decision as evidenced by the SLP filed ? Held that:- A similar issue had arisen in Income Tax Appeal in the case of the same assessee [2014 (8) TMI 119 - BOMBAY HIGH COURT] and after considering all these questions, this Court vide order dated 23rd July, 2014 to which one of us (S.C.Dharmadhikari, Jther .) was a party, did not find any merit in the appeal. - Decided in favour of assessee
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