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    <title>2018 (12) TMI 1905 - ITAT MUMBAI</title>
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    <description>The Tribunal partially allowed the assessee&#039;s appeal by ruling in favor of the assessee on the disallowance of expenses related to exempt income and the adjustment on account of guarantee commission. The disallowance of professional fees was upheld, while issues regarding TDS credit and penalty proceedings were dismissed as not pressed. The order was pronounced on 11-12-2018.</description>
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      <link>https://www.taxtmi.com/caselaws?id=297387</link>
      <description>The Tribunal partially allowed the assessee&#039;s appeal by ruling in favor of the assessee on the disallowance of expenses related to exempt income and the adjustment on account of guarantee commission. The disallowance of professional fees was upheld, while issues regarding TDS credit and penalty proceedings were dismissed as not pressed. The order was pronounced on 11-12-2018.</description>
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