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    <title>2016 (4) TMI 428 - ITAT CHENNAI</title>
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    <description>The Tribunal dismissed the appeals of the assessee and allowed the appeals of the Revenue for statistical purposes. The issues involved the treatment of business loss as speculation loss, the allowability of deduction u/s.80IA of the Act, and the allowability of expenditure towards sales commission without TDS deduction. The Tribunal upheld the decisions of the Assessing Officer and CIT(Appeals) on these matters, emphasizing compliance with relevant provisions of the Income-tax Act.</description>
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      <description>The Tribunal dismissed the appeals of the assessee and allowed the appeals of the Revenue for statistical purposes. The issues involved the treatment of business loss as speculation loss, the allowability of deduction u/s.80IA of the Act, and the allowability of expenditure towards sales commission without TDS deduction. The Tribunal upheld the decisions of the Assessing Officer and CIT(Appeals) on these matters, emphasizing compliance with relevant provisions of the Income-tax Act.</description>
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