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    <title>2007 (3) TMI 414 - ITAT MUMBAI</title>
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    <description>The tribunal partially allowed the assessee&#039;s appeal, granting relief on the deduction under Section 80-IB and the disallowance of purchases from M/s. God Gift Marine Products. The AO&#039;s appeal was dismissed, with the tribunal upholding the CIT(A)&#039;s decisions regarding the treatment of interest income as business income, the addition for purchases from sister concerns, the treatment of DEPB sales as an export incentive, and the payment of processing charges. The cross objection filed by the assessee was dismissed as infructuous.</description>
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    <pubDate>Wed, 14 Mar 2007 00:00:00 +0530</pubDate>
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      <title>2007 (3) TMI 414 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=119548</link>
      <description>The tribunal partially allowed the assessee&#039;s appeal, granting relief on the deduction under Section 80-IB and the disallowance of purchases from M/s. God Gift Marine Products. The AO&#039;s appeal was dismissed, with the tribunal upholding the CIT(A)&#039;s decisions regarding the treatment of interest income as business income, the addition for purchases from sister concerns, the treatment of DEPB sales as an export incentive, and the payment of processing charges. The cross objection filed by the assessee was dismissed as infructuous.</description>
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      <pubDate>Wed, 14 Mar 2007 00:00:00 +0530</pubDate>
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