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2014 (1) TMI 484 - ITAT HYDERABADWrite-off of work-in-progress – Held that:- Those projects which were discontinued or cancelled by the customer and work-in-progress recognised against the same was not invoiced ultimately, resulted in write off - The assessee has submitted the details of the customers who had placed orders but the order was discontinued - Neither any correspondence nor any evidence was produced by the assessee with regard to discontinuance or cancellation of the order to substantiate the claim – The issue was restored for fresh decision.
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