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    <title>2010 (8) TMI 1089 - ITAT MUMBAI</title>
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    <description>The Tribunal partly allowed the appeals by the assessee and the revenue. It upheld the treatment of share trading loss as speculative and confirmed the reduced disallowance of expenses. The disallowance of marketing agency fees was rejected as parties were not related under the applicable section. The Tribunal directed no levy of interest under section 234D and disallowed depreciation on the BSE membership card based on relevant judicial decisions and statutory provisions.</description>
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      <description>The Tribunal partly allowed the appeals by the assessee and the revenue. It upheld the treatment of share trading loss as speculative and confirmed the reduced disallowance of expenses. The disallowance of marketing agency fees was rejected as parties were not related under the applicable section. The Tribunal directed no levy of interest under section 234D and disallowed depreciation on the BSE membership card based on relevant judicial decisions and statutory provisions.</description>
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