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    <title>2006 (8) TMI 518 - ITAT MUMBAI</title>
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    <description>The Tribunal partially allowed the appeals, ruling in favor of the assessee regarding the non-taxability of interest income accrued on clients&#039; accounts, directing its exclusion from the total income. It upheld the disallowance of certain expenses but granted relief for printing and stationery expenses for the assessment year 1995-96. The assessee was also entitled to contest the inclusion of interest income in the total income for refund purposes, as the assessments were not annulled.</description>
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      <title>2006 (8) TMI 518 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=151728</link>
      <description>The Tribunal partially allowed the appeals, ruling in favor of the assessee regarding the non-taxability of interest income accrued on clients&#039; accounts, directing its exclusion from the total income. It upheld the disallowance of certain expenses but granted relief for printing and stationery expenses for the assessment year 1995-96. The assessee was also entitled to contest the inclusion of interest income in the total income for refund purposes, as the assessments were not annulled.</description>
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