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    <title>2014 (10) TMI 106 - HIGH COURT OF BOMBAY</title>
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    <description>The Court upheld the Respondent-Assessee&#039;s position on head office expenditure, bad debt write-off, and discounts earned on Bills of Exchange. The decision was based on previous rulings and the Double Taxation Avoidance Agreement with Germany. The Court dismissed the Revenue&#039;s Review Petition, maintaining the decisions in favor of the Respondent. However, the Court admitted further examination of the addition on account of buy-back transactions in units of UTI made with M/s. DBFSIL.</description>
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      <description>The Court upheld the Respondent-Assessee&#039;s position on head office expenditure, bad debt write-off, and discounts earned on Bills of Exchange. The decision was based on previous rulings and the Double Taxation Avoidance Agreement with Germany. The Court dismissed the Revenue&#039;s Review Petition, maintaining the decisions in favor of the Respondent. However, the Court admitted further examination of the addition on account of buy-back transactions in units of UTI made with M/s. DBFSIL.</description>
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