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2004 (6) TMI 591 - AT - Income Tax
Extract:
.......thereof. However, these are personal expenses and we do not see how they can be allowed as a deduction even though the AO has himself allowed 2/3rd thereof. In our opinion, the expenses cannot be allowed at all. However, since only 1/3rd has been disallowed, we confirm the disallowance to that extent. 6. In the result, the appeal is partly allowed.