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    <title>2014 (1) TMI 1030 - ITAT MUMBAI</title>
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    <description>The Tribunal ruled in favor of the assessee, allowing the appeal and directing the exclusion of profits on the sale of investments from taxable income. The Tribunal granted exemptions under Section 10 for interest on tax-free bonds and dividend income, following consistent precedents in the assessee&#039;s cases and similar judgments. Additionally, the Tribunal exempted the assessee from the applicability of Section 115JB, based on the nature of the assessee as an insurance company and previous decisions in similar cases.</description>
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      <description>The Tribunal ruled in favor of the assessee, allowing the appeal and directing the exclusion of profits on the sale of investments from taxable income. The Tribunal granted exemptions under Section 10 for interest on tax-free bonds and dividend income, following consistent precedents in the assessee&#039;s cases and similar judgments. Additionally, the Tribunal exempted the assessee from the applicability of Section 115JB, based on the nature of the assessee as an insurance company and previous decisions in similar cases.</description>
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