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1998 (12) TMI 26 - MADRAS HIGH COURTExtract: .......f this case and following the above cited case, we hold that the Tribunal was not correct in holding that the assessee is entitled to standard deduction under section 16(i) of the Income-tax Act, 1961. Accordingly, we answer the question of law referred to us in the negative and in favour of the Revenue. However, there will be no order as to costs.
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