2017 (7) TMI 1062

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..... the facts and circumstances of the case, the Income Tax Appellate Tribunal was right in confirming the addition made by the Assessing Officer under section 14A of the Income Tax Act ignoring the assessee's contention that interest paid on the borrowed funds cannot be treated as expenditure for earning tax free income earned by the assessee by investing the funds for short periods when such funds r .....

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