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    <title>2016 (3) TMI 633 - ITAT CHENNAI</title>
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    <description>The Appellate Tribunal upheld the decision to disallow the premium paid by the assessee as an allowable expenditure, adding it to the assessee&#039;s income under &quot;income from other sources.&quot; The Tribunal remitted the issue of treating the premium as the purchase cost of the bond back to the Assessing Officer for further examination. The appeal was partly allowed for statistical purposes, with the Tribunal&#039;s order pronounced on 3.2.2016.</description>
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      <description>The Appellate Tribunal upheld the decision to disallow the premium paid by the assessee as an allowable expenditure, adding it to the assessee&#039;s income under &quot;income from other sources.&quot; The Tribunal remitted the issue of treating the premium as the purchase cost of the bond back to the Assessing Officer for further examination. The appeal was partly allowed for statistical purposes, with the Tribunal&#039;s order pronounced on 3.2.2016.</description>
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