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    <title>2008 (7) TMI 606 - ITAT MUMBAI</title>
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    <description>The Tribunal upheld the addition of Rs. 1,15,00,000 as taxable income, excluded certain expenses while computing deductions under sections 80HHC and 80-I, allowed the provision for leave encashment, favored the assessee on unutilized Modvat credit and start-up expenses, remanded the issue of netting interest income for redetermination, and ruled in favor of the assessee regarding deduction under section 80M. The appeal by the assessee was partly allowed, and the appeal by the revenue was partly allowed for statistical purposes.</description>
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    <pubDate>Wed, 30 Jul 2008 00:00:00 +0530</pubDate>
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      <title>2008 (7) TMI 606 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=120445</link>
      <description>The Tribunal upheld the addition of Rs. 1,15,00,000 as taxable income, excluded certain expenses while computing deductions under sections 80HHC and 80-I, allowed the provision for leave encashment, favored the assessee on unutilized Modvat credit and start-up expenses, remanded the issue of netting interest income for redetermination, and ruled in favor of the assessee regarding deduction under section 80M. The appeal by the assessee was partly allowed, and the appeal by the revenue was partly allowed for statistical purposes.</description>
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      <pubDate>Wed, 30 Jul 2008 00:00:00 +0530</pubDate>
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