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2013 (12) TMI 660 - ITAT MUMBAIRe-computation of disallowance u/s 14A – Held that:- Rule 8D was applicable from the assessment year 2008-09 – For earlier years dis-allowance of expenditure had to be determined by adopting some reasonable method having regard to all facts and circumstances – Following Godrej Agrovet Ltd. Vs. ACIT [2010 (9) TMI 291 - ITAT, MUMBAI] – Disallowance of 10% is justified – Decided against Revenue.
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