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    <title>2010 (2) TMI 407 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>The court upheld the Tribunal&#039;s decision in favor of the assessee-respondent on all issues, emphasizing the importance of consistency in applying legal principles and previous judgments. The Revenue&#039;s challenges were rejected, and the court ruled that the deductions under section 24 for rental income from house property were justified. The court also supported the deletion of addition for breakage of crockery and cutlery, as well as the entitlement to double deduction on capital assets, based on established precedents and principles of consistency.</description>
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      <link>https://www.taxtmi.com/caselaws?id=77950</link>
      <description>The court upheld the Tribunal&#039;s decision in favor of the assessee-respondent on all issues, emphasizing the importance of consistency in applying legal principles and previous judgments. The Revenue&#039;s challenges were rejected, and the court ruled that the deductions under section 24 for rental income from house property were justified. The court also supported the deletion of addition for breakage of crockery and cutlery, as well as the entitlement to double deduction on capital assets, based on established precedents and principles of consistency.</description>
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      <pubDate>Thu, 04 Feb 2010 00:00:00 +0530</pubDate>
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