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    <title>2018 (9) TMI 617 - ITAT MUMBAI</title>
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    <description>The tribunal&#039;s order dated 07.09.2018 favored the assessee in a case involving various tax issues under the Income Tax Act, 1961. The tribunal upheld the assessee&#039;s claims on adjustments to arm&#039;s length price, deduction reworking under Section 10A, exclusion of certain expenses from export turnover, disallowance of advances, interest levies, and penalty proceedings. The tribunal directed the Assessing Officer to recalculate exemptions and allowances in line with previous decisions and the law, ultimately allowing the assessee&#039;s appeal.</description>
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      <link>https://www.taxtmi.com/caselaws?id=366881</link>
      <description>The tribunal&#039;s order dated 07.09.2018 favored the assessee in a case involving various tax issues under the Income Tax Act, 1961. The tribunal upheld the assessee&#039;s claims on adjustments to arm&#039;s length price, deduction reworking under Section 10A, exclusion of certain expenses from export turnover, disallowance of advances, interest levies, and penalty proceedings. The tribunal directed the Assessing Officer to recalculate exemptions and allowances in line with previous decisions and the law, ultimately allowing the assessee&#039;s appeal.</description>
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      <pubDate>Fri, 07 Sep 2018 00:00:00 +0530</pubDate>
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