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2002 (11) TMI 247 - AT - Income TaxExtract: .......e some force in this contention of the assessee. The Assessing Officer is directed to reduce the actual expenditure incurred by the assessee for the purpose of earning rent from out of the rental income of Rs. 2,40,000 and exclude only the net income for the purpose of computation under section 32AB. 13. In the result this appeal is partly allowed.
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