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DCIT v. Agile Electric Sub Assembly (P.) Ltd. (2021) 188 ITD 780 / (2022)96 ITR 402 (Chennai)(Trib.)

S. 14A : Disallowance of expenditure-Exempt income-No disallowance can be made when no exempt was earned during year. [R. 8D]

Held no disallowance can be made when no exempt was earned during year. (AY. 2013-14)