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    <title>2008 (1) TMI 421 - ITAT BOMBAY-H</title>
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    <description>The Tribunal determined the residential status of the assessee, allowing the appeal in favor of the assessee. The assessee was classified as &quot;resident but not ordinarily resident&quot; (RNOR) based on meeting the criteria under section 6(6)(a) of the Income Tax Act. Consequently, the assessee&#039;s claim for RNOR status and exemption under section 10(15)(iv)(fa) was upheld, overturning the Assessing Officer&#039;s assessment as &quot;resident and ordinarily resident&quot; (ROR). The decision also annulled the interest charge under section 234B, in line with the assessee&#039;s position.</description>
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    <pubDate>Fri, 18 Jan 2008 00:00:00 +0530</pubDate>
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      <title>2008 (1) TMI 421 - ITAT BOMBAY-H</title>
      <link>https://www.taxtmi.com/caselaws?id=59560</link>
      <description>The Tribunal determined the residential status of the assessee, allowing the appeal in favor of the assessee. The assessee was classified as &quot;resident but not ordinarily resident&quot; (RNOR) based on meeting the criteria under section 6(6)(a) of the Income Tax Act. Consequently, the assessee&#039;s claim for RNOR status and exemption under section 10(15)(iv)(fa) was upheld, overturning the Assessing Officer&#039;s assessment as &quot;resident and ordinarily resident&quot; (ROR). The decision also annulled the interest charge under section 234B, in line with the assessee&#039;s position.</description>
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      <pubDate>Fri, 18 Jan 2008 00:00:00 +0530</pubDate>
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