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    <title>2019 (9) TMI 1225 - ITAT CHENNAI</title>
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    <description>The Tribunal partly allowed the assessee&#039;s appeals for assessment years 2012-13 and 2014-15, while dismissing the Revenue&#039;s appeals for the same years. Key outcomes include the deletion of disallowances under Section 14A and Sections 41(1) and 28(iv), the allowance of profit on the sale of investments, and the disallowance of excess depreciation on ATMs. The Tribunal upheld decisions based on precedents and lack of verification by the Assessing Officer in various instances.</description>
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      <description>The Tribunal partly allowed the assessee&#039;s appeals for assessment years 2012-13 and 2014-15, while dismissing the Revenue&#039;s appeals for the same years. Key outcomes include the deletion of disallowances under Section 14A and Sections 41(1) and 28(iv), the allowance of profit on the sale of investments, and the disallowance of excess depreciation on ATMs. The Tribunal upheld decisions based on precedents and lack of verification by the Assessing Officer in various instances.</description>
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      <pubDate>Tue, 09 Jul 2019 00:00:00 +0530</pubDate>
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