2018 (1) TMI 1401

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..... ngs. CIT(A) and the ITAT granted relief – the latter by following the decision of this Court in CIT v. Joint Investment Pvt. Ltd. [2015 (3) TMI 155 - DELHI HIGH COURT]. In Joint Investment Pvt. Ltd. (supra), it was held that the disallowance u/s 14A should not exceed the exempt income itself. Having regard to these circumstances, especially that the ITAT followed the judgment of this Court whi .....

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