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    <title>2016 (6) TMI 1439 - BOMBAY HIGH COURT</title>
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    <description>The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal&#039;s order exempting dividend income under Section 10(34) of the Income Tax Act for Assessment Year 2006-07. The Court relied on a previous ruling that settled the issue against the revenue, leading to the conclusion that the present appeal did not raise any substantial question of law. Consequently, the appeal was dismissed without specific orders on costs due to the established legal position from the Court&#039;s prior decision.</description>
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      <description>The High Court dismissed the appeal challenging the Income Tax Appellate Tribunal&#039;s order exempting dividend income under Section 10(34) of the Income Tax Act for Assessment Year 2006-07. The Court relied on a previous ruling that settled the issue against the revenue, leading to the conclusion that the present appeal did not raise any substantial question of law. Consequently, the appeal was dismissed without specific orders on costs due to the established legal position from the Court&#039;s prior decision.</description>
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