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1998 (8) TMI 29 - HC - Income TaxExtract: .......case, the Income-tax Officer was not justified in invoking the provisions of section 154 of the Income-tax Act, 1961, for withdrawing the excess managing agent s remuneration allowed by the assessee for the assessment year 1967-68 ? is in favour of the assessee and against the Revenue. The Revenue shall be entitled to costs in the sum of Rs. 1,000.
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