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    <title>2017 (11) TMI 56 - ITAT MUMBAI</title>
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    <description>The Tribunal allowed the assessee&#039;s appeal on the issues of Short Term Capital Gain (STCG), Long Term Capital Gain (LTCG), depreciation, unabsorbed depreciation, and interest disallowance under section 43B. The issues of business loss set off, expenses under section 40(a)(ia), and re-computation of book profit under section 115JB were dismissed as not pressed. The issue of addition under section 41(1) for cessation of liability was also decided in favor of the assessee. The appeal was partly allowed for statistical purposes.</description>
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    <pubDate>Wed, 25 Oct 2017 00:00:00 +0530</pubDate>
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      <title>2017 (11) TMI 56 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=350177</link>
      <description>The Tribunal allowed the assessee&#039;s appeal on the issues of Short Term Capital Gain (STCG), Long Term Capital Gain (LTCG), depreciation, unabsorbed depreciation, and interest disallowance under section 43B. The issues of business loss set off, expenses under section 40(a)(ia), and re-computation of book profit under section 115JB were dismissed as not pressed. The issue of addition under section 41(1) for cessation of liability was also decided in favor of the assessee. The appeal was partly allowed for statistical purposes.</description>
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      <pubDate>Wed, 25 Oct 2017 00:00:00 +0530</pubDate>
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