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    <title>2012 (7) TMI 333 - ITAT, Bangalore</title>
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    <description>The tribunal partly allowed the assessee&#039;s appeal by condoning the delay in filing, deleting the adhoc disallowance of Rs. 50,000 under wages, and the disallowance under Section 40A(3). However, the tribunal confirmed other additions and disallowances made by the AO and CIT(A) related to unaccounted contract receipts, excess of assets over liabilities, and unexplained cash credits under Section 68.</description>
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      <link>https://www.taxtmi.com/caselaws?id=214760</link>
      <description>The tribunal partly allowed the assessee&#039;s appeal by condoning the delay in filing, deleting the adhoc disallowance of Rs. 50,000 under wages, and the disallowance under Section 40A(3). However, the tribunal confirmed other additions and disallowances made by the AO and CIT(A) related to unaccounted contract receipts, excess of assets over liabilities, and unexplained cash credits under Section 68.</description>
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