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2005 (1) TMI 601 - AT - Income TaxExtract: .......er only a sum of Rs. 3,000 per month as per the lease agreement. There is no basis for the Assessing Officer to have applied any fiction and in coming to the conclusion that the monthly rent received by the assessee was Rs. 1,60,000. Consequently these grounds of appeal are dismissed. 26. In the result the appeals by the Revenue are partly allowed.
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