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    <title>2010 (1) TMI 906 - ITAT, Bangalore</title>
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    <description>The Tribunal remanded the issue of the provision for traveling expenses back to the Assessing Officer for reassessment, allowing the assessee to produce vouchers. Additionally, the Tribunal permitted the carry forward of losses amounting to Rs. 66,61,499/- from the assessment year 2001-02, disagreeing with the disallowance based on the unit&#039;s eligibility for deduction under section 10B of the Income Tax Act. The appeal was allowed in favor of the assessee.</description>
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      <title>2010 (1) TMI 906 - ITAT, Bangalore</title>
      <link>https://www.taxtmi.com/caselaws?id=208731</link>
      <description>The Tribunal remanded the issue of the provision for traveling expenses back to the Assessing Officer for reassessment, allowing the assessee to produce vouchers. Additionally, the Tribunal permitted the carry forward of losses amounting to Rs. 66,61,499/- from the assessment year 2001-02, disagreeing with the disallowance based on the unit&#039;s eligibility for deduction under section 10B of the Income Tax Act. The appeal was allowed in favor of the assessee.</description>
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      <pubDate>Fri, 29 Jan 2010 00:00:00 +0530</pubDate>
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