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2012 (1) TMI 331 - ITAT DELHIExtract: .......ing the income from business. We, therefore, delete the disallowance of ₹ 1,10,00,000/-.” 3.1 Following the aforesaid decision, it is held that the assessee was entitled to deduct the amount of ₹ 30 lakh in computing its total income. 4. In the result, the appeal is dismissed. 5. Pronounced in the Open Court on 11th January, 2012.
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