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    <title>2016 (1) TMI 69 - ITAT CHENNAI</title>
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    <description>The Tribunal partly allowed the Revenue&#039;s appeal, remitting the issue of Rs. 15,50,000 consultancy charges back to the AO for fresh consideration. However, the Tribunal upheld the CIT(A)&#039;s decisions on the deletion of Rs. 15,00,000 unexplained credit for the sale of ancestral property and the deletion of unexplained cash deposits with Axis Bank and State Bank. The order was pronounced on 11.11.2015.</description>
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      <description>The Tribunal partly allowed the Revenue&#039;s appeal, remitting the issue of Rs. 15,50,000 consultancy charges back to the AO for fresh consideration. However, the Tribunal upheld the CIT(A)&#039;s decisions on the deletion of Rs. 15,00,000 unexplained credit for the sale of ancestral property and the deletion of unexplained cash deposits with Axis Bank and State Bank. The order was pronounced on 11.11.2015.</description>
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