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1994 (11) TMI 119 - ORISSA HIGH COURTExtract: .......ts and circumstances of this case. Accordingly, we answer the question posed in favour of the Department and against the assessee and hold that the remuneration received by the director cannot be held to be salary and, therefore, no deduction can be claimed within the ambit of section 16 of the Income-tax Act. The reference is answered accordingly.
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