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2012 (8) TMI 975 - AT - Income TaxDeduction of irrecoverable amounts in respect of running and terminated chits as loss in course of carrying on business - disallowance of foreman dividend - levy of interest u/s 234B and 234C - addition commission on cancelled chits - addition on royalty payment - deduction allowed by the CIT (A) towards contribution to PF and ESI u/s 36(1)(ba) -
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