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    <title>2011 (3) TMI 547 - ITAT, VISAKHAPATNAM</title>
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    <description>The Tribunal partly allowed the appeal, upholding the disallowance of Rs. 1,12,38,786 as income and the disallowance of Rs. 9,08,06,966 for terminal benefits under normal provisions. However, the Tribunal reversed the addition of Rs. 9,08,06,966 to book profits under section 115JB. The net profit for section 115JB purposes was confirmed as Rs. 1,12,38,786.</description>
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      <link>https://www.taxtmi.com/caselaws?id=206167</link>
      <description>The Tribunal partly allowed the appeal, upholding the disallowance of Rs. 1,12,38,786 as income and the disallowance of Rs. 9,08,06,966 for terminal benefits under normal provisions. However, the Tribunal reversed the addition of Rs. 9,08,06,966 to book profits under section 115JB. The net profit for section 115JB purposes was confirmed as Rs. 1,12,38,786.</description>
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