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    <title>2001 (3) TMI 270 - ITAT MADRAS-B</title>
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    <description>The Tribunal allowed the appeals filed by the limited company, directing the Assessing Officer to treat expenses unrelated to the new unit as allowable deductions. Additionally, the Tribunal instructed the AO to allow deductions for certain expenses essential for the company&#039;s normal functioning. The Tribunal considered the levy of interest under sections 234B and 234C in accordance with the directions given on expense deductions. The appeals were partly allowed based on these findings.</description>
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      <description>The Tribunal allowed the appeals filed by the limited company, directing the Assessing Officer to treat expenses unrelated to the new unit as allowable deductions. Additionally, the Tribunal instructed the AO to allow deductions for certain expenses essential for the company&#039;s normal functioning. The Tribunal considered the levy of interest under sections 234B and 234C in accordance with the directions given on expense deductions. The appeals were partly allowed based on these findings.</description>
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