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    <title>2012 (5) TMI 643 - ITAT DELHI</title>
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    <description>The Tribunal upheld the AO&#039;s jurisdiction to reassess income, disallowing additional depreciation on plant and machinery, rejecting books of account, estimating profits, and disallowing employees&#039; provident fund contributions. The Tribunal also upheld the disallowance of prior period expenses, recalculated the deduction under section 80HHB, and ruled no interest was leviable under section 234D. The deletion of additions made by the AO was upheld by the CIT(A).</description>
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      <link>https://www.taxtmi.com/caselaws?id=178615</link>
      <description>The Tribunal upheld the AO&#039;s jurisdiction to reassess income, disallowing additional depreciation on plant and machinery, rejecting books of account, estimating profits, and disallowing employees&#039; provident fund contributions. The Tribunal also upheld the disallowance of prior period expenses, recalculated the deduction under section 80HHB, and ruled no interest was leviable under section 234D. The deletion of additions made by the AO was upheld by the CIT(A).</description>
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