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2003 (2) TMI 418 - AT - Income TaxExtract: .......es of the assessee and represented merely personal expenditure which does not qualify for deduction under section 37(1). So the disallowance of 50 of the expenditure, i.e., an amount of Rs. 2,38,280 sustained by the ld. CIT(A) is, therefore, in order and no interference on our part is called for. The appeal of the assessee is, therefore, dismissed.
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