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2011 (6) TMI 987 - ITAT CHANDIGARHExtract: ....... we uphold the disallowance of ₹ 50,000/- being expenditure relatable to the earning of the exempt income by invoking the provisions of section 14A of the Act. The ground of appeal raised by the assessee is thus dismissed. 9. In the result, appeal of the assessee is dismissed. Order Pronounced in the Open Court on this 21st day of June, 2011.
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