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    <title>2001 (9) TMI 38 - MADRAS High Court</title>
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    <description>The High Court ruled in favor of the assessee, allowing the deduction for sales tax liability despite non-remittance due to a dispute with the tax department. The Court also upheld the assessee&#039;s right to claim deductions for a tele typesetter owned and used exclusively for its business, even though tapes from the machine were utilized by an associate concern. The Court emphasized that ownership and investment in the machine solely belonged to the assessee, entitling it to full benefits under the relevant sections of the law.</description>
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    <pubDate>Mon, 03 Sep 2001 00:00:00 +0530</pubDate>
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      <title>2001 (9) TMI 38 - MADRAS High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=12726</link>
      <description>The High Court ruled in favor of the assessee, allowing the deduction for sales tax liability despite non-remittance due to a dispute with the tax department. The Court also upheld the assessee&#039;s right to claim deductions for a tele typesetter owned and used exclusively for its business, even though tapes from the machine were utilized by an associate concern. The Court emphasized that ownership and investment in the machine solely belonged to the assessee, entitling it to full benefits under the relevant sections of the law.</description>
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      <pubDate>Mon, 03 Sep 2001 00:00:00 +0530</pubDate>
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