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2019 (6) TMI 666 - AT - Income TaxAddition u/s 14A - HELD THAT:- We find the CIT(A) deleted the disallowance made by the Assessing Officer u/s 14A r/w. Rule 8D on the ground that the assessee has not earned any dividend income during the year. DR also could not controvert the above factual findings given by the CIT(A), therefore, following the decision of Cheminvest Limited [2015 (9) TMI 238 - DELHI HIGH COURT] we hold that no disallowance u/s. 14A r/w. Rule 8D is called for when the assessee has not received any dividend income during the year. The order of the CIT(A) is accordingly upheld and ground raised by the revenue is dismissed.
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