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    <title>2011 (6) TMI 697 - KARNATAKA HIGH COURT</title>
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    <description>The court upheld the assessing authority&#039;s calculation of average tax liability for tax exemption eligibility under an expansion program, based on interpretations of relevant notifications. The Tribunal&#039;s decision dismissing the appeal was affirmed, finding no errors in the methodology used to determine the tax liability difference for exemption. The court rejected the appellant&#039;s challenge, concluding that the assessing authority&#039;s approach aligned with the notifications and no interference was warranted. The appeal was dismissed, affirming the correctness of the tax liability calculation and exemption eligibility criteria.</description>
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      <title>2011 (6) TMI 697 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=165897</link>
      <description>The court upheld the assessing authority&#039;s calculation of average tax liability for tax exemption eligibility under an expansion program, based on interpretations of relevant notifications. The Tribunal&#039;s decision dismissing the appeal was affirmed, finding no errors in the methodology used to determine the tax liability difference for exemption. The court rejected the appellant&#039;s challenge, concluding that the assessing authority&#039;s approach aligned with the notifications and no interference was warranted. The appeal was dismissed, affirming the correctness of the tax liability calculation and exemption eligibility criteria.</description>
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      <pubDate>Sun, 26 Jun 2011 00:00:00 +0530</pubDate>
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