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    <title>2020 (3) TMI 328 - ITAT KOLKATA</title>
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    <description>The Tribunal allowed the assessee&#039;s appeal and dismissed the Revenue&#039;s appeal, providing relief on all contested issues. The disallowance of expenses as bogus, deletion of provision for future losses, disallowance under section 14A, deduction under section 80-IA, and the allowability of employees&#039; contributions to provident fund/ESI paid after the due date were all decided in favor of the assessee. The Tribunal emphasized the importance of proper inquiry, adherence to accounting standards, and judicial precedents in reaching its decisions.</description>
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      <description>The Tribunal allowed the assessee&#039;s appeal and dismissed the Revenue&#039;s appeal, providing relief on all contested issues. The disallowance of expenses as bogus, deletion of provision for future losses, disallowance under section 14A, deduction under section 80-IA, and the allowability of employees&#039; contributions to provident fund/ESI paid after the due date were all decided in favor of the assessee. The Tribunal emphasized the importance of proper inquiry, adherence to accounting standards, and judicial precedents in reaching its decisions.</description>
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      <pubDate>Fri, 17 Jan 2020 00:00:00 +0530</pubDate>
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