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    <title>2003 (10) TMI 660 - ITAT MUMBAI</title>
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    <description>The appeal was allowed in favor of the assessee. The Tribunal ruled in favor of the assessee on all issues raised, including the treatment of compensation as non-recurring income, disallowance of sub-brokerage payments, and classification of payment to the Stock Exchange as revenue expenditure. The dismissal of the appeal without providing an opportunity to be heard was not pressed by the appellant and was rejected by the Tribunal.</description>
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      <description>The appeal was allowed in favor of the assessee. The Tribunal ruled in favor of the assessee on all issues raised, including the treatment of compensation as non-recurring income, disallowance of sub-brokerage payments, and classification of payment to the Stock Exchange as revenue expenditure. The dismissal of the appeal without providing an opportunity to be heard was not pressed by the appellant and was rejected by the Tribunal.</description>
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