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2014 (9) TMI 1005 - AT - Income TaxDisallowance made under section 14A by applying Rule 8D - computing the book profits u/s 115JB - Held that:- Identical to the issue before the Tribunal in the case of sister concern and following the same parity of reasoning we direct the Assessing Officer to exclude the disallowance made under section 14A of the Act, while computing the book profits u/s 115JB of the Act. We direct the Assessing Officer to recompute the book profits under section 115JB of the Act - Decided in favour of assessee in part.
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