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2015 (3) TMI 1117 - AT - Income TaxCarry forward of deficit on account of excess expenditure - Assessee is a trust registered under section 12A - CIT(A) allowed the claim of set-off - Held that:- Since the view taken by the learned CIT(A) is in conformity with the view taken by the Hon'ble Bombay High Court in assessee’s own case for A.Y. 2005-06 [2013 (3) TMI 654 - BOMBAY HIGH COURT], which is not disputed by the Revenue, we do not find any infirmity in the order passed by the CIT(A) allowing the carry forward of deficit on account of excess expenditure - Decided in favour of assessee.
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