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2016 (7) TMI 1275 - ITAT CHENNAIAddition invoking the provisions of section 14A r.w.r 8D - Held that:- We remit back the matter to the file of the learned Assessing Officer to verify whether the investments are made by the assessee out of its interest free funds in its sister concern for strategic reasons and if found so delete the addition and if found otherwise, pass appropriate orders as per merit & law.
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