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    <description>The ITAT partially allowed both the assessee&#039;s and Revenue&#039;s cross appeals for A.Y. 2004-05. Key outcomes included remanding several issues to the AO for fresh computation, upholding disallowances and deductions based on prior judicial precedents, and reversing certain CIT(A) decisions. The Tribunal emphasized adherence to applicable laws and judicial precedents.</description>
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