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Maxopp Investment Ltd.. vs Commr.Of I.T New Delhi on 12 February, 2018

2. The Ld. CIT (A) has erred in law and on facts as the assessee invested a substantial amount of Rs. 187 Cr. in group companies/sister concerns which entail disallowances to be computed as per the provision of 14A of the I.T. Act read with Rule 8D of the I.T. Rules, 1962 as in the recent ruling by the Hon'ble Apex Court in Maxopp Investment Ltd. vs. CIT, New Delhi, (2018) 402 ITR 640 (SC), the same position as discussed above has been upheld."
Supreme Court of India Cites 34 - Cited by 80 - A K Sikri - Full Document
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