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    <title>1995 (4) TMI 35 - MADRAS High Court</title>
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    <description>Urban land tax paid during the relevant previous year was held allowable in full as a deduction for the assessment year in question, including the portion attributable to earlier years, because the Tribunal&#039;s view followed an existing binding precedent of the same Court on the same issue. The court therefore answered the referred question in the affirmative and against the Department, and the assessee succeeded on the deduction claim.</description>
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      <description>Urban land tax paid during the relevant previous year was held allowable in full as a deduction for the assessment year in question, including the portion attributable to earlier years, because the Tribunal&#039;s view followed an existing binding precedent of the same Court on the same issue. The court therefore answered the referred question in the affirmative and against the Department, and the assessee succeeded on the deduction claim.</description>
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