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1992 (12) TMI 15 - RAJASTHAN HIGH COURTExtract: .......28 of the Income-tax Act, 1961. We are also of the view that the Income-tax Appellate Tribunal was not at all justified in coming to the conclusion that the claim of the assessee is not hit by section 40A(7)(a) of the Income-tax Act, 1961. The reference is, therefore, answered in favour of the Revenue and against the assessee. No order as to costs.
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