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    <title>2018 (5) TMI 501 - ITAT KOLKATA</title>
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    <description>The Tribunal quashed the order passed by the Pr. CIT under Section 263, holding that the AO&#039;s assessment order was neither erroneous nor prejudicial to the interest of Revenue. The Tribunal emphasized that the AO had made necessary inquiries and verifications, and the expenses claimed by the assessee were revenue in nature. The appeal of the assessee was allowed.</description>
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      <title>2018 (5) TMI 501 - ITAT KOLKATA</title>
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      <description>The Tribunal quashed the order passed by the Pr. CIT under Section 263, holding that the AO&#039;s assessment order was neither erroneous nor prejudicial to the interest of Revenue. The Tribunal emphasized that the AO had made necessary inquiries and verifications, and the expenses claimed by the assessee were revenue in nature. The appeal of the assessee was allowed.</description>
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