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    <description>The Tribunal partly allowed the appeals of both the assessee and the revenue in the case. The decisions varied on issues such as addition on account of warranty, valuation of closing stock, Modvat element in closing stock, allowability of arbitration award, disallowances under various rules, depreciation claims, and other expenses. The Tribunal upheld some decisions of the CIT(A) while directing further considerations or deletions on certain disallowances made by the Assessing Officer.</description>
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