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    <title>2018 (12) TMI 1707 - BOMBAY HIGH COURT</title>
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    <description>The High Court dismissed the appeal under Section 260A of the Income Tax Act, upholding the Tribunal&#039;s decision that the assessee was eligible to claim deduction u/s 10A on enhanced profit despite statutory disallowance u/s. 40(a)(ia) for Assessment Year 2006-07. The Court found no substantial question of law as the Tribunal&#039;s decision aligned with the precedent set by the Bombay High Court, leading to the appeal&#039;s dismissal without costs.</description>
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      <description>The High Court dismissed the appeal under Section 260A of the Income Tax Act, upholding the Tribunal&#039;s decision that the assessee was eligible to claim deduction u/s 10A on enhanced profit despite statutory disallowance u/s. 40(a)(ia) for Assessment Year 2006-07. The Court found no substantial question of law as the Tribunal&#039;s decision aligned with the precedent set by the Bombay High Court, leading to the appeal&#039;s dismissal without costs.</description>
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