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2015 (12) TMI 1826 - ITAT MUMBAIExtract: .......n the income. Thus, we hold that, no disallowance u/s 14A can be made in the case of the assessee and hence grounds raised in the Cross Objections are allowed. 21. In the result, revenue’s appeal is partly allowed for statistical purposes whereas the CO of the assessee stands allowed. Order pronounced in the open court on 11th December, 2015.
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