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    <title>2004 (9) TMI 562 - ITAT CHANDIGARH</title>
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    <description>The Tribunal upheld the CIT(A)&#039;s deletions of the additions made by the Assessing Officer on all issues, including the deletion of additions related to income from vehicles under section 44AE of the Income-tax Act, disallowance of interest on borrowed capital, and mischaracterization of interest payment as rent. The Tribunal confirmed that the assessee was entitled to the benefits under the relevant provisions and dismissed the department&#039;s appeal.</description>
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      <title>2004 (9) TMI 562 - ITAT CHANDIGARH</title>
      <link>https://www.taxtmi.com/caselaws?id=116577</link>
      <description>The Tribunal upheld the CIT(A)&#039;s deletions of the additions made by the Assessing Officer on all issues, including the deletion of additions related to income from vehicles under section 44AE of the Income-tax Act, disallowance of interest on borrowed capital, and mischaracterization of interest payment as rent. The Tribunal confirmed that the assessee was entitled to the benefits under the relevant provisions and dismissed the department&#039;s appeal.</description>
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