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    <title>2007 (7) TMI 251 - MADRAS HIGH COURT</title>
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    <description>The High Court upheld the deductions claimed by the assessees for the cost of packing materials for IMFL products, emphasizing the genuineness of the expenses and the absence of profit manipulation. The court ruled in favor of the assessees, stating that the Revenue could not challenge their choice of suppliers unless there was evidence of misconduct. The Tribunal&#039;s decision was affirmed, and the appeals by the Revenue were dismissed, with no substantial question of law identified.</description>
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      <link>https://www.taxtmi.com/caselaws?id=31265</link>
      <description>The High Court upheld the deductions claimed by the assessees for the cost of packing materials for IMFL products, emphasizing the genuineness of the expenses and the absence of profit manipulation. The court ruled in favor of the assessees, stating that the Revenue could not challenge their choice of suppliers unless there was evidence of misconduct. The Tribunal&#039;s decision was affirmed, and the appeals by the Revenue were dismissed, with no substantial question of law identified.</description>
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      <pubDate>Wed, 11 Jul 2007 00:00:00 +0530</pubDate>
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