Disallowance u/s 14A, Rule 8D(2)(iii) should consider only investments generating exempt income that year.

Disallowance u/s 14A r.w.r. 8D(2)(iii) - while computing disallowance under Rule 8D(2)(iii), only those investments are required to be taken into consideration which yielded exempt income during the year. - AT .....

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