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    <title>2014 (2) TMI 1234 - ITAT MUMBAI</title>
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    <description>The Tribunal upheld the disallowance of administrative expenses and part of the interest expenditure under Section 14A. The issue of the head of income for the profit on sale of shares was remanded back to the AO for fresh examination. The Tribunal upheld the deletion of disallowance of interest expenditure under Section 36(1)(iii) by the CIT(A). Both the assessee&#039;s and the revenue&#039;s appeals were partly allowed.</description>
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      <description>The Tribunal upheld the disallowance of administrative expenses and part of the interest expenditure under Section 14A. The issue of the head of income for the profit on sale of shares was remanded back to the AO for fresh examination. The Tribunal upheld the deletion of disallowance of interest expenditure under Section 36(1)(iii) by the CIT(A). Both the assessee&#039;s and the revenue&#039;s appeals were partly allowed.</description>
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      <pubDate>Fri, 14 Feb 2014 00:00:00 +0530</pubDate>
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