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2020 (11) TMI 863 - AT - Income TaxDisallowance u/s 14A read with Rule 8D - absence of any exempt income reported by the assessee - CIT(A) deleted the said disallowance - HELD THAT:- No infirmity in the impugned order of the ld. CIT(A) deleting the disallowance made by the Assessing Officer u/s 14A of the Act by holding that in the absence of any exempt income reported by the assessee during the year under consideration, there was no question of making any disallowance u/s 14A of the Act. The same is accordingly upheld on this issue dismissing the appeal of the Revenue.
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