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    <description>The appeal by Mopeds India Ltd. was partly allowed by the Tribunal. The Tribunal upheld the assessee&#039;s objections regarding the addition towards revaluation of closing stock, disallowance of provision for minimum wages, and disallowance of part of the amount paid as overriding amount to distributors. However, the claim for provision of gratuity was remitted back to the ITO for reconsideration.</description>
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      <description>The appeal by Mopeds India Ltd. was partly allowed by the Tribunal. The Tribunal upheld the assessee&#039;s objections regarding the addition towards revaluation of closing stock, disallowance of provision for minimum wages, and disallowance of part of the amount paid as overriding amount to distributors. However, the claim for provision of gratuity was remitted back to the ITO for reconsideration.</description>
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