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2009 (8) TMI 848 - ITAT MUMBAIExtract: .......of the Act. The condition of ceiling of both the deduction put together not to exceed the actual bad debt written off laid down in the proviso to section 36(1)(vii) is not violated. In such circumstances, we are of the view that the learned CIT(A) has correctly allowed the claim of the assessee. 8. In the result, appeal of the revenue is dismissed.
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