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2015 (10) TMI 2466 - BOMBAY HIGH COURT

2015 (10) TMI 2466 - BOMBAY HIGH COURT - TMI - Disallowance u/s 14A r.w.r. 8D - Whether on the facts and the circumstances of the case and in law, the Tribunal was justified in deleting the disallowance made as per sub clause (ii) of Rule 8D(2) r.w.s. 14A of the Act? - Held that:- As is evident from the proposed questions of law the impugned order of the Tribunal placed reliance upon the decision of this Court in Godrej & Boyce Mfg. Co. Ltd. Vs. DCIT [2010 (8) TMI 77 - BOMBAY HIGH COURT ] and he .....

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sion of this Court in Godrej & Boyce Mfg. Co. Ltd. (supra) and the same has been followed by the impugned order. - Decided against revenue - INCOME TAX APPEAL NO. 2044 OF 2013 - Dated:- 27-10-2015 - M.S. SANKLECHA & G.S. KULKARNI, JJ. Mr. Ashok Kotangale, Advocate i/b Padma Divakar for Appellant. Ms. Aasifa Khan, Advocate for Respondent. ORDER P.C.: This appeal under Section 260A of the Income Tax Act, 1961 (the 'Act') challenges the order dated 31 January 2013 passed by the Income T .....

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