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    <title>2016 (8) TMI 1417 - ITAT MUMBAI</title>
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    <description>The revenue&#039;s appeals were dismissed, and the assessee&#039;s appeals were partially allowed by the Tribunal on 25th August 2016. The Tribunal directed adjustments in various aspects including interest rates on loans to Associate Enterprises, transfer pricing additions, recharacterization of share application money, disallowance of deductions, and treatment of expenses related to foreign subsidiary acquisitions. The Tribunal&#039;s decisions aligned with the assessee&#039;s contentions in some instances, resulting in the partial allowance of their appeals.</description>
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