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    <title>2017 (9) TMI 798 - ITAT MUMBAI</title>
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    <description>The Tribunal set aside the ld.CIT(A)&#039;s decision and directed the AO to delete the disallowance of Rs. 1.20 crores for &quot;Securities written off,&quot; emphasizing the tax-neutral nature of the write-off. The Tribunal allowed the assessee&#039;s appeal, dismissing the issue raised in ground no.3 as academic.</description>
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      <description>The Tribunal set aside the ld.CIT(A)&#039;s decision and directed the AO to delete the disallowance of Rs. 1.20 crores for &quot;Securities written off,&quot; emphasizing the tax-neutral nature of the write-off. The Tribunal allowed the assessee&#039;s appeal, dismissing the issue raised in ground no.3 as academic.</description>
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