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2021 (4) TMI 341 - AT - Income TaxDisallowance of expenditure not exclusively for business - whether the expenditure incurred by the assessee wholly and exclusively for the purpose of earning remuneration from the partnership firm are allowable to the assessee or not from remuneration received from partnership firm which is chargeable to tax u/s. 28(v)? - HELD THAT:- It is not in dispute that assessee has already disallowed personal expenditure and expenditure under Section 14A of the Act. For assessment year 2013-14 the assessee has disallowed the expenditure on his own for assessment years 2013-14 and 2014-15 respectively. The identical issue has been considered in the case of Mr. Anand Prasad [2020 (10) TMI 1237 - ITAT DELHI]. DR could not controvert the above finding in that decision as to why it does not apply. It is not case of revenue that assessee has not incurred those expenditure or those are not incurred in the business of the assessee. We allow the appeal of the assessee
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