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    <title>2012 (1) TMI 278 - ITAT MUMBAI</title>
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    <description>The appeal filed by the Revenue and the C.O. filed by the assessee were allowed for statistical purposes. The issues regarding the disallowance of an interest-free loan to a subsidiary concern, corporate club membership fees, and disallowance under section 14A of the Act were referred back to the Assessing Officer for reconsideration based on legal precedents and directions from the Tribunal. The Tribunal directed a fresh adjudication in accordance with past decisions and specific High Court rulings, providing a fair opportunity to the assessee in each instance.</description>
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