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    <title>2011 (1) TMI 1385 - ITAT MADRAS</title>
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    <description>The Tribunal dismissed the appeal for Asst. year 1993-94 due to lack of permission to pursue the issue. For Asst. year 2006-07, the Tribunal allowed the second ground of the assessee regarding the disallowance under sec. 14A for statistical purposes. The Tribunal emphasized the need for the AO to reconsider the matter based on various judicial decisions and evidence to be produced by the assessee, ensuring a fair assessment of the disallowance under sec. 14A.</description>
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      <description>The Tribunal dismissed the appeal for Asst. year 1993-94 due to lack of permission to pursue the issue. For Asst. year 2006-07, the Tribunal allowed the second ground of the assessee regarding the disallowance under sec. 14A for statistical purposes. The Tribunal emphasized the need for the AO to reconsider the matter based on various judicial decisions and evidence to be produced by the assessee, ensuring a fair assessment of the disallowance under sec. 14A.</description>
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