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2015 (10) TMI 2709 - AT - Income TaxDisallowance u/s. 14A r.w. Rule 8D - computation of deduction - allowance of interest on net or gross amount - Held that:- FAA had rightly held that while making disallowance u/s.14A of the Act,the AO should have considered only net interest. See Maxopp Investment Ltd. [2011 (11) TMI 267 - Delhi High Court ]. Effective ground of appeal is decided against revenue
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