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1999 (10) TMI 48 - HC - Income TaxExtract: ........ Dr. Usharani Panda 1995 212 ITR 119. We agree with that view. The inevitable conclusion therefore is only where the payment comes out of the income chargeable to tax, it would qualify for deduction. Our answer to the question therefore is in the negative, in favour of the Revenue and against the assessee. The reference is disposed of accordingly.
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