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1997 (12) TMI 53 - MADRAS HIGH COURTExtract: .......) Ltd. v. CIT 1996 219 ITR 581 is a clear authority for the proposition that the surtax paid cannot be allowed as a deduction while computing the business income of the assessee under the provisions of the Act. Following the said decision, we answer the third question of law also referred to us in the affirmative and against the assessee. No costs.
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