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2002 (9) TMI 41 - HC - Income Tax"Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in overlooking the decision of the jurisdictional High Court in the case of A. S. K. Rathnaswamy Nadar Firm v. CIT and of the Patna High Court in the case of Chandmul Rajgarhia v. CIT and holding that the salary paid to the partners should not be disallowed under section 40(b) - we hold that the salary paid to the partners who represented their Hindu undivided families was required to be disallowed under section 40(b).
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