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2021 (3) TMI 1423 - HC - Income TaxAddition u/s 14A r/w rule 8D - mandation of earning of any income which is exempted from tax - HELD THAT:- As no dividend or exempt income was claimed by the assessee during the relevant previous year. It is well settled in law that if no exempt income has accrued to the assessee, the provisions of Section 14A do not apply to the fact situation of the case. See M/S STERLING DEVELOPERS PVT. LTD [2021 (3) TMI 1422 - KARNATAKA HIGH COURT] - Decided in favour of assessee.
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