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1988 (11) TMI 138 - ITAT HYDERABAD-AExtract: .......at it should be taxed in the year in which it accrued, clearly applies. Therefore, following the said decision we have to hold that the amount which should be considered in the hands of the assessee for this year is only Rs. 32,047 and not Rs. 49,306 as held by the lower authorities. Hence he gets relief of Rs. 17,259. The appeal is partly allowed.
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