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    <title>2016 (12) TMI 1492 - ITAT KOLKATA</title>
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    <description>The Tribunal allowed the appeal, quashing revisionary proceedings initiated by the CIT under section 263 of the Income Tax Act. The Tribunal confirmed that the deduction claimed by the assessee was correctly granted to the extent supported by the Chartered Accountant&#039;s certification. It emphasized the accuracy of the AO&#039;s actions in assessing the claim, leading to the dismissal of the revisionary intervention as unwarranted.</description>
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      <description>The Tribunal allowed the appeal, quashing revisionary proceedings initiated by the CIT under section 263 of the Income Tax Act. The Tribunal confirmed that the deduction claimed by the assessee was correctly granted to the extent supported by the Chartered Accountant&#039;s certification. It emphasized the accuracy of the AO&#039;s actions in assessing the claim, leading to the dismissal of the revisionary intervention as unwarranted.</description>
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