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2017 (9) TMI 1891 - AT - Income TaxDisallowance u/s 14A r.w.r. 8D - HELD THAT:- As decided in assessee's own case for assessment year 2009-10 VERSA [2016 (7) TMI 1582 - ITAT CHENNAI] AO has to consider the assessee’s own fund i.e. capital and reserves as available for investment which yields exempted income and thereafter he shall apply the Formula in Rule 8D and also exclude investments in subsidiaries as held by the above order of Co-ordinate Bench. With this observation, we remit the issue to the file of AO for fresh consideration. Hence, this ground is allowed for statistical purposes
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