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    <description>The High Court ruled in favor of the assessee on issues related to the taxability of income from Advance License Benefit Receivable and Pass Book scheme, treatment of premium paid for leasehold land, set-off of expenditure for deductions, and deduction under section 80M. The Revenue succeeded on matters concerning business loss in China and the eligibility of income sources for specific deductions.</description>
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      <description>The High Court ruled in favor of the assessee on issues related to the taxability of income from Advance License Benefit Receivable and Pass Book scheme, treatment of premium paid for leasehold land, set-off of expenditure for deductions, and deduction under section 80M. The Revenue succeeded on matters concerning business loss in China and the eligibility of income sources for specific deductions.</description>
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