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    <title>2017 (9) TMI 485 - GUJARAT HIGH COURT</title>
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    <description>The Court dismissed the tax appeals, ruling in favor of the assessee by holding that the net interest expenditure (interest paid minus taxable interest earned) should be considered for disallowance computation under section 14A and Rule 8D of the Income Tax Act.</description>
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      <description>The Court dismissed the tax appeals, ruling in favor of the assessee by holding that the net interest expenditure (interest paid minus taxable interest earned) should be considered for disallowance computation under section 14A and Rule 8D of the Income Tax Act.</description>
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