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    <description>The Tribunal partly allowed the appeals by setting aside the Commissioner (Appeals)&#039;s order on the deduction under section 36(1)(viii). The assessee&#039;s claim for a deduction at 40% of total income without any deduction under the section was accepted. However, the claims for depreciation at revised rates and interest under section 215 were dismissed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=66182</link>
      <description>The Tribunal partly allowed the appeals by setting aside the Commissioner (Appeals)&#039;s order on the deduction under section 36(1)(viii). The assessee&#039;s claim for a deduction at 40% of total income without any deduction under the section was accepted. However, the claims for depreciation at revised rates and interest under section 215 were dismissed.</description>
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