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2018 (3) TMI 1399 - ITAT DELHIAddition u/s 14A - Held that:- Disallowance under section 14A cannot exceed the total actual expenditure incurred and claimed by the assessee. The appellant case the appeal is allowed and the excess additions made in terms of Rule 8D for an amount of ₹ 6,47,21,925/- is directed to be deleted. As a logical corollary this addition would also be required to be deleted in computing book profit under section 115JB of the IT Act - Decided against revenue
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