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2006 (8) TMI 445 - AT - Income TaxExtract: .......ad claimed the deduction of the same against the commission received which has direct nexus between the receipt and payment of commission. Accordingly, we hold that the deduction claimed by the assessee was allowable. Therefore, the same is allowed and the addition of Rs. 47 lakhs is deleted. 8. In the result, the appeal of the assessee is allowed.
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