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    <title>2009 (9) TMI 962 - ITAT DELHI</title>
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    <description>The tribunal partly allowed the assessee&#039;s appeal, rejecting the disallowance of interest deduction but favoring the assessee on provisions for obsolete stores and infrastructure charges. The tribunal upheld the disallowance of prior expenses and repossession charges while agreeing that no specific direction was needed for carrying forward unabsorbed losses and depreciation. The decisions were based on previous rulings and judgments from higher courts, ensuring legal principles were followed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=178677</link>
      <description>The tribunal partly allowed the assessee&#039;s appeal, rejecting the disallowance of interest deduction but favoring the assessee on provisions for obsolete stores and infrastructure charges. The tribunal upheld the disallowance of prior expenses and repossession charges while agreeing that no specific direction was needed for carrying forward unabsorbed losses and depreciation. The decisions were based on previous rulings and judgments from higher courts, ensuring legal principles were followed.</description>
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