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2014 (3) TMI 401 - AT - Income TaxDisallowance of claim of “Miscellaneous provision” - Held that:- The deduction towards “Miscellaneous provision” made by the assessee may be allowed to an extent - the submissions made by the assessee and the copy of voucher produced have not examined or considered by the AO – thus, the deduction of Rs.22,81,707/- may be allowed to the assessee after due examination of the transactions relating to its payment – thus, the order of the CIT(A) set aside and the matter remitted back to AO to allow the claim to the extent directed - the balance amount has already been offered as income in the succeeding year - Since the very same amount is getting taxed in the year, it is required to be excluded from the total income in the succeeding year since, under the scheme of Act, double taxation of same income is not permissible – Decided partly in favour of Assessee.
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