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2022 (1) TMI 480 - AT - Income TaxDisallowance u/s 14A r.w.r. 8D - CIT-A deleted the addition given a finding that assessee has not earned any exempt income - HELD THAT:- As CIT-A held that no disallowance can be made in the absence of exempt income and for the aforesaid proposition, he relied on the decision of Lakhani Marketing [2014 (7) TMI 44 - PUNJAB AND HARYANA HIGH COURT]. Before us, no fallacy in the findings of CIT(A) has been pointed out by the Revenue nor has Revenue placed on record any contrary binding decision in its support. In such a situation, we find no reason to interfere with the order of CIT(A) and thus the ground of Revenue is dismissed.
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