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    <title>2016 (6) TMI 1363 - ITAT MUMBAI</title>
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    <description>The Tribunal allowed the appeal of the assessee for statistical purposes, directing the Assessing Officer to review the reconciliation statement provided by the appellant regarding the addition made on CENVAT credit and VAT credit under section 145A of the Income Tax Act for the assessment year 2010-11. The Tribunal emphasized the importance of a thorough examination of the statement to determine the impact on net profit, setting aside the CIT(A)&#039;s decision and providing the appellant with an opportunity to be heard in the reassessment process.</description>
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      <description>The Tribunal allowed the appeal of the assessee for statistical purposes, directing the Assessing Officer to review the reconciliation statement provided by the appellant regarding the addition made on CENVAT credit and VAT credit under section 145A of the Income Tax Act for the assessment year 2010-11. The Tribunal emphasized the importance of a thorough examination of the statement to determine the impact on net profit, setting aside the CIT(A)&#039;s decision and providing the appellant with an opportunity to be heard in the reassessment process.</description>
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