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    <title>2015 (8) TMI 40 - ITAT CHENNAI</title>
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    <description>The Tribunal partially allowed the assessee&#039;s appeal, directing the Assessing Officer to delete the addition for corporate guarantee provided to Associate Enterprises and allow deductions for trade mark license fee and depreciation on temporary structure. The Tribunal remitted the issue of payment made to Microsoft Corporation back to the Assessing Officer for further examination. It upheld the disallowance of bad debts written off and expenditure for earning exempt income under Section 14A. The order was pronounced on 26.6.2015.</description>
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      <description>The Tribunal partially allowed the assessee&#039;s appeal, directing the Assessing Officer to delete the addition for corporate guarantee provided to Associate Enterprises and allow deductions for trade mark license fee and depreciation on temporary structure. The Tribunal remitted the issue of payment made to Microsoft Corporation back to the Assessing Officer for further examination. It upheld the disallowance of bad debts written off and expenditure for earning exempt income under Section 14A. The order was pronounced on 26.6.2015.</description>
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