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    <title>2012 (8) TMI 989 - ITAT MUMBAI</title>
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    <description>The Tribunal ruled in favor of the assessee on various issues, upholding the treatment of legal and professional charges as capital expenditure, allowing certain disallowances under section 43B, permitting deductions under sections 80-O and 80IA, and directing exclusion of certain expenses for turnover calculations. The Tribunal also supported the treatment of specific expenses as revenue expenditure, disallowing others based on previous decisions and judicial precedents. Overall, the Tribunal&#039;s decisions aimed to maintain consistency with past rulings and legal principles.</description>
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      <title>2012 (8) TMI 989 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=179370</link>
      <description>The Tribunal ruled in favor of the assessee on various issues, upholding the treatment of legal and professional charges as capital expenditure, allowing certain disallowances under section 43B, permitting deductions under sections 80-O and 80IA, and directing exclusion of certain expenses for turnover calculations. The Tribunal also supported the treatment of specific expenses as revenue expenditure, disallowing others based on previous decisions and judicial precedents. Overall, the Tribunal&#039;s decisions aimed to maintain consistency with past rulings and legal principles.</description>
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      <pubDate>Fri, 10 Aug 2012 00:00:00 +0530</pubDate>
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