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    <title>2016 (1) TMI 169 - ITAT KOLKATA</title>
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    <description>The Tribunal allowed the assessee&#039;s appeals regarding disallowance under Section 14A, depreciation on guest house premises, and the annual value of property let out. Issues concerning leave encashment and deemed dividends were remitted back to the AO for reconsideration. The revenue&#039;s appeals were dismissed, upholding the CIT(A)&#039;s decisions on these matters.</description>
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      <link>https://www.taxtmi.com/caselaws?id=270377</link>
      <description>The Tribunal allowed the assessee&#039;s appeals regarding disallowance under Section 14A, depreciation on guest house premises, and the annual value of property let out. Issues concerning leave encashment and deemed dividends were remitted back to the AO for reconsideration. The revenue&#039;s appeals were dismissed, upholding the CIT(A)&#039;s decisions on these matters.</description>
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