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2017 (7) TMI 1176 - HC - Income TaxDisallowance u/s 14A - Held that - As on today we would be governed by the judgment of the Division Bench in the case of Godrej Boyce Manufacturing Company (2010 (8) TMI 77 - BOMBAY HIGH COURT). The present matter is squarely covered by the said judgment. In view of that no substantial question of law raises.
The High Court of Bombay dismissed the appeal for the assessment year 2007-2008, stating that the case was covered by a previous judgment of the Division Bench in the case of M/s. Godrej Boyce Manufacturing Company. The Tribunal's decision was upheld.
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