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    <title>2018 (9) TMI 947 - ITAT MUMBAI</title>
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    <description>The Appellate Tribunal addressed the disallowance under sec. 14A read with Rule 8D of the Income Tax Act and the deletion of additions made by the AO to the total income of the assessee u/s. 115JB for AY 2012-13. The Tribunal directed the AO to recompute the income in accordance with guidelines from higher courts, as previous decisions favored the assessee. Both appeals were allowed for statistical purposes.</description>
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      <link>https://www.taxtmi.com/caselaws?id=367211</link>
      <description>The Appellate Tribunal addressed the disallowance under sec. 14A read with Rule 8D of the Income Tax Act and the deletion of additions made by the AO to the total income of the assessee u/s. 115JB for AY 2012-13. The Tribunal directed the AO to recompute the income in accordance with guidelines from higher courts, as previous decisions favored the assessee. Both appeals were allowed for statistical purposes.</description>
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