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1994 (8) TMI 18 - HC - Income TaxExtract: .......ctor. Therefore, it is an admissible deduction. In view of the foregoing reasons, we consider that the Tribunal was not correct in disallowing the enhancement of remuneration paid by the company to one of its directors. Accordingly, we answer the question referred to us in the negative and in favour of the assessee. No costs. Counsel fee Rs. 1,000.
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