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2015 (6) TMI 1163 - AT - Income TaxDisallowance u/s 14A r.w.r 8D - assessee has rightly 84% expenses - CIT(A) has considered 100% expenses - Held that:- the calculation submitted by the assessee is reasonable and was required to be accepted by Ld. CIT(A). Therefore, considering the details of expenditure and calculation submitted by the assessee, we uphold the disallowance only to the extent of ₹ 14,25,020/- and rest of the disallowance upheld by Ld. CIT(A) is deleted and appeal filed by the assessee is partly allowed. - Decided partly in favor of assessee.
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