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    <title>2011 (7) TMI 1316 - ITAT, MUMBAI</title>
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    <description>The Assessee&#039;s appeal was allowed for statistical purposes, with the Tribunal finding in favor of the Assessee regarding the disallowance of finance charges on borrowed funds and the deletion of a portion of foreign travel expenses. The Tribunal remitted the matter of disallowance under section 14A back to the Assessing Officer for fresh determination in accordance with relevant case law. The revenue&#039;s appeal was dismissed in its entirety.</description>
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      <description>The Assessee&#039;s appeal was allowed for statistical purposes, with the Tribunal finding in favor of the Assessee regarding the disallowance of finance charges on borrowed funds and the deletion of a portion of foreign travel expenses. The Tribunal remitted the matter of disallowance under section 14A back to the Assessing Officer for fresh determination in accordance with relevant case law. The revenue&#039;s appeal was dismissed in its entirety.</description>
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