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    <title>2012 (8) TMI 1073 - ITAT MUMBAI</title>
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    <description>The Tribunal partially allowed the appeal, overturning the additions made by the Assessing Officer regarding the disputed bad debt claim, interest received, and low gross profit. The Tribunal rejected the appellant&#039;s claim for bad debt due to lack of evidence, deleted the addition of interest received as there was no proof of actual receipt, and deemed the addition based on low gross profit unjustified since no discrepancies were found in the appellant&#039;s records.</description>
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      <title>2012 (8) TMI 1073 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=191454</link>
      <description>The Tribunal partially allowed the appeal, overturning the additions made by the Assessing Officer regarding the disputed bad debt claim, interest received, and low gross profit. The Tribunal rejected the appellant&#039;s claim for bad debt due to lack of evidence, deleted the addition of interest received as there was no proof of actual receipt, and deemed the addition based on low gross profit unjustified since no discrepancies were found in the appellant&#039;s records.</description>
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