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    <title>2011 (12) TMI 631 - BOMBAY HIGH COURT</title>
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    <description>The High Court did not entertain the Revenue&#039;s challenge on depreciation before Chapter VI-A deduction because the same point had already been rejected in the assessee&#039;s related appeal. It also declined to examine the objection to exclusion of 100% EOU turnover for Section 80HHC computation, as earlier ITAT decisions on that issue had been accepted by the Revenue and no appeal was filed. On interest income, the Court refused interference with the ITAT&#039;s remand and left the matter for fresh adjudication by the Assessing Officer, who was directed to consider CIT v. Asian Star Ltd. while giving effect to the remand.</description>
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      <description>The High Court did not entertain the Revenue&#039;s challenge on depreciation before Chapter VI-A deduction because the same point had already been rejected in the assessee&#039;s related appeal. It also declined to examine the objection to exclusion of 100% EOU turnover for Section 80HHC computation, as earlier ITAT decisions on that issue had been accepted by the Revenue and no appeal was filed. On interest income, the Court refused interference with the ITAT&#039;s remand and left the matter for fresh adjudication by the Assessing Officer, who was directed to consider CIT v. Asian Star Ltd. while giving effect to the remand.</description>
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