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    <title>2013 (9) TMI 642 - ITAT DELHI</title>
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    <description>The Tribunal&#039;s judgment involved detailed analysis and application of Supreme Court precedents, resulting in partial allowances and dismissals of the assessee&#039;s and Department&#039;s appeals. The issues of depreciation on leased vehicles and provisions for doubtful debts were remanded for re-examination and dismissed respectively, while the interest on sticky loans was upheld in favor of the assessee. The Department&#039;s appeal on Section 115JB adjustments was allowed, reversing the CIT(A)&#039;s decision.</description>
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      <link>https://www.taxtmi.com/caselaws?id=237210</link>
      <description>The Tribunal&#039;s judgment involved detailed analysis and application of Supreme Court precedents, resulting in partial allowances and dismissals of the assessee&#039;s and Department&#039;s appeals. The issues of depreciation on leased vehicles and provisions for doubtful debts were remanded for re-examination and dismissed respectively, while the interest on sticky loans was upheld in favor of the assessee. The Department&#039;s appeal on Section 115JB adjustments was allowed, reversing the CIT(A)&#039;s decision.</description>
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      <pubDate>Fri, 21 Jun 2013 00:00:00 +0530</pubDate>
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