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2002 (7) TMI 99 - RAJASTHAN HIGH COURTExtract: .......alary, there is no question of any deduction out of that bonus amount. The Tribunal has rightly held that the assessee is not entitled for 40 per cent. deduction out of the incentive bonus. In the result, we answer the question in the affirmative, i.e., in favour of Revenue and against the assessee. Reference so made stands disposed of accordingly.
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