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    <title>2017 (1) TMI 1422 - ITAT COCHIN</title>
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    <description>The tribunal partly allowed the assessee&#039;s appeals on various disallowances, including expenditure under section 35D, revenue expenditure treated as preoperative, loan processing fees, and depreciation on a let-out building. The tribunal also allowed deductions for weighted deduction on R&amp;amp;D expenses and business loss on the sale of a subsidiary. Additionally, the tribunal dismissed the revenue&#039;s appeals and ruled against the revision under section 263, remanding specific issues back to the assessing officer for fresh consideration.</description>
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      <link>https://www.taxtmi.com/caselaws?id=193955</link>
      <description>The tribunal partly allowed the assessee&#039;s appeals on various disallowances, including expenditure under section 35D, revenue expenditure treated as preoperative, loan processing fees, and depreciation on a let-out building. The tribunal also allowed deductions for weighted deduction on R&amp;amp;D expenses and business loss on the sale of a subsidiary. Additionally, the tribunal dismissed the revenue&#039;s appeals and ruled against the revision under section 263, remanding specific issues back to the assessing officer for fresh consideration.</description>
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