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2014 (3) TMI 855

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Full Text of the Document

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....n appeal against an order of the Income Tax Appellate Tribunal (ITAT) dated 31.07.2013. It is urged that the disallowance of interest of Rs.18,71,586/- was wrongly directed to be cancelled. The Revenue also urges that the disallowance under Section 14A likewise was wrongly dealt with by the ITAT. The assessee had borrowed funds in A.Y. 2004-05 for the purposes of its business and it claimed deduct....