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2014 (3) TMI 933 - AT - Income TaxDisallowance on account of presenting up expenses – Held that:- The Assessing Officer went wrong in making addition and in holding that the claim of the assessee cannot be allowed being preset up expenses - the CIT(A) rightly observed that when similar kind of expenditure was incurred in the earlier assessment year which was allowed, then the stand cannot change without any basis and the addition was deleted - the addition made by the AO on wrong assumption was rightly deleted by the CIT(A) - the order of the CIT(A) upheld – Decided against Revenue.
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