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2017 (2) TMI 273 - AT - Income TaxDisallowance u/s 14A r.w.r 8D - whether the deduction on account of cess on green leaf is to be allowed from the composite income before applying Rule 8D or from 60% agricultural income after applying Rule 8D - Held that:- Now stands resolved by the decision of the Hon’ble Supreme Court in the case of CIT –vs. - Apeejay Tea Co. Limited (2015 (8) TMI 1260 - SUPREME COURT ), wherein it was held that the deduction on account of cess paid has to be allowed while computing the income of the tea grown and manufactured under Rule 8D. Respectfully following the said decision we uphold the impugned order of the ld. CIT(Appeals) giving relief to the assessee - Decided against revenue Disallowance made by the Assessing Officer on account of proportionate interest under Rule 8D(2)(ii) deleted - Decided against revenue
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