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    <title>2011 (2) TMI 1528 - ITAT MUMBAI</title>
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    <description>The appeal was partly allowed by the Tribunal. Relief was granted to the assessee regarding the taxation of foreign dividends on a net basis after deducting foreign taxes withheld abroad and the inclusion of software maintenance receipts in export turnover for section 80HHE deduction. However, the Tribunal dismissed the grounds related to tax credits for State Income-taxes paid in the USA and Canada and the allocation of interest expenses to dividend income.</description>
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      <description>The appeal was partly allowed by the Tribunal. Relief was granted to the assessee regarding the taxation of foreign dividends on a net basis after deducting foreign taxes withheld abroad and the inclusion of software maintenance receipts in export turnover for section 80HHE deduction. However, the Tribunal dismissed the grounds related to tax credits for State Income-taxes paid in the USA and Canada and the allocation of interest expenses to dividend income.</description>
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