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2021 (11) TMI 237 - AT - Income TaxDisallowance u/s 14A r.w.r. 8D - contention of the Ld. counsel is that since the AO had computed the disallowance in a mechanical manner, the Ld. CIT(A) ought to have deleted the addition made by the AO - HELD THAT:- Send the issue back to the AO to decide the issue afresh affording a reasonable opportunity of being heard to the appellant/assessee. Disallowance of the interest paid on working capital limit on CC Account - company had its own sufficient funds - HELD THAT:- Send the issue back to the AO to decide the issue afresh affording a reasonable opportunity of being heard to the appellant/assessee. Addition on proportionate basis on loan given to its sister concern - HELD THAT:- This issue is covered in favour of the assessee by the decision of the coordinate Bench in assessee's own case [2018 (5) TMI 2093 - ITAT CHANDIGARH] we find no reason to take a different view. Hence, respectfully following the decision of the coordinate Bench, we allow this ground of appeal and set aside the findings of the Ld. CIT(A).
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