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2006 (5) TMI 285 - AT - Income TaxExtract: .......he year under consideration have been laid down. 23. For the reasons stated above, the well-reasoned and well-discussed order of the CIT(A) in disallowing the impugned expenses of Rs. 15,85,691 claimed by the assessee is upheld. The ground of appeal taken by the assessee is rejected. 24. In the result, the appeal filed by the assessee is dismissed.
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