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Matrix Clothing Private ... vs Acit, Circle-18, Delhi on 6 March, 2026

41. This being so and by placing heavy reliance on the judgment of Hon'ble Supreme Court in the case of Radha Swomi Stasang Vs. CIT reported in 193 ITR 321 (SC), we delete the disallowance made of INR 42,16,800/- and restore the corresponding deduction u/s 80- Page | 39 ITA No.5968/Del/2024 IA of the Act at INR 21,84,942/-. Accordingly, Ground of appeal No.5 raised by the assessee is allowed.
Income Tax Appellate Tribunal - Delhi Cites 34 - Cited by 0 - Full Document
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