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    <description>The Income Tax Appellate Tribunal (ITAT) partially allowed the appeal by directing the exclusion of Excel Infoways Ltd. as a comparable company, deleting the disallowance of employee contributions to PF and ESIC, and remitting the issue of set-off of brought forward losses and unabsorbed depreciation back to the Assessing Officer for reconsideration. The ITAT&#039;s decision was rendered on 15.09.2020.</description>
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