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2003 (5) TMI 468 - AT - Income TaxExtract: .......to M/s. Ram Fabrics and the payment made was very reasonable comparing the fair rental value. Considering all such facts, there was no reason for an ad hoc disallowance of 50 per cent of the rent. Resultantly, we hereby affirm the finding of ld. CIT(A) and reject this ground of the revenue. 10. In the result, the appeal of the revenue is dismissed.
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