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2021 (7) TMI 1137 - AT - Income TaxAllowability of the claim of liquidated damages - HELD THAT:- We find that CIT(A) after considering the submission made by the assessee had given a finding that the amount did not constitute the provision for liquidated damages but in fact it was the deductable expenditure as the aforesaid amount of liquidated damages were actually deducted by BSNL/MTNL. Before us, Revenue has not pointed to any fallacy in the findings of CIT(A). In such a situation, we find no reason to interfere with the order of CIT(A). Thus the grounds of the Revenue are dismissed.
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