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1993 (10) TMI 37 - RAJASTHAN HIGH COURTExtract: .......ability, it cannot be allowed as a deduction. Accordingly, it is held that the Income-tax Appellate Tribunal was not justified in deleting the addition of Rs. 1,95,877 and was further not justified in holding that a sum of Rs. 5,000 odd is liable to be allowed. The reference is accordingly answered in favour of the Revenue and against the assessee.
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