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1991 (11) TMI 22 - ALLAHABAD HIGH COURTExtract: .......correct for the Tribunal to say that the payment made to the said entity on the credit balance as undisputedly appearing in their account to the extent of Rs. 51,920 represented payments made to the partners and as such the sum of Rs. 51,920 was disallowable under section 40(b) of the Income-tax Act, 1961 ? The application is, accordingly, allowed.
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