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    <title>2018 (4) TMI 433 - ITAT KOLKATA</title>
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    <description>The Tribunal partially allowed the appeal. The disallowance of depreciation and additional depreciation on electrical installations was upheld. However, the disallowance under Section 14A was deleted as no exempt income was earned. The addition of interest on fixed deposit was remanded back for reconsideration. The addition of unexplained cash credit was dismissed as it was found to be a contra entry without any actual transaction.</description>
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      <description>The Tribunal partially allowed the appeal. The disallowance of depreciation and additional depreciation on electrical installations was upheld. However, the disallowance under Section 14A was deleted as no exempt income was earned. The addition of interest on fixed deposit was remanded back for reconsideration. The addition of unexplained cash credit was dismissed as it was found to be a contra entry without any actual transaction.</description>
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