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    <title>2016 (4) TMI 960 - ITAT MUMBAI</title>
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    <description>The assessee&#039;s appeal on disallowance under Section 14A was partly allowed, with the Tribunal deleting the interest disallowance but partially upholding the disallowance of indirect expenses. The disallowance under Section 36(1)(va) for late payment of PF was deleted based on timely payment. The addition for sundry balances written off was partly allowed, while the disallowance of loss on account of write-off of receivables was allowed. The Revenue&#039;s appeal was dismissed due to the low tax effect. The final order pronounced on 29.2.2016 partly favored the assessee and dismissed the Revenue&#039;s appeal.</description>
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      <title>2016 (4) TMI 960 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=326846</link>
      <description>The assessee&#039;s appeal on disallowance under Section 14A was partly allowed, with the Tribunal deleting the interest disallowance but partially upholding the disallowance of indirect expenses. The disallowance under Section 36(1)(va) for late payment of PF was deleted based on timely payment. The addition for sundry balances written off was partly allowed, while the disallowance of loss on account of write-off of receivables was allowed. The Revenue&#039;s appeal was dismissed due to the low tax effect. The final order pronounced on 29.2.2016 partly favored the assessee and dismissed the Revenue&#039;s appeal.</description>
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      <pubDate>Mon, 29 Feb 2016 00:00:00 +0530</pubDate>
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