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    <title>2012 (6) TMI 831 - ITAT CHENNAI</title>
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    <description>Summary: The Tribunal partly allowed the assessee&#039;s appeals for Assessment Years 2003-04, 2004-05, 2005-06, and 2006-07. Additionally, the Revenue&#039;s appeal for Assessment Year 2003-04 was partly allowed for statistical purposes. The Tribunal ruled in favor of the assessee on various issues, including the treatment of broken period interest, allowance of bad debts written off, exclusion of income from foreign branches, and the non-applicability of Minimum Alternate Tax provisions to banking companies.</description>
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    <pubDate>Mon, 11 Jun 2012 00:00:00 +0530</pubDate>
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      <title>2012 (6) TMI 831 - ITAT CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=179740</link>
      <description>Summary: The Tribunal partly allowed the assessee&#039;s appeals for Assessment Years 2003-04, 2004-05, 2005-06, and 2006-07. Additionally, the Revenue&#039;s appeal for Assessment Year 2003-04 was partly allowed for statistical purposes. The Tribunal ruled in favor of the assessee on various issues, including the treatment of broken period interest, allowance of bad debts written off, exclusion of income from foreign branches, and the non-applicability of Minimum Alternate Tax provisions to banking companies.</description>
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      <pubDate>Mon, 11 Jun 2012 00:00:00 +0530</pubDate>
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