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2014 (1) TMI 763 - HC - Income TaxDisallowance under section 40A(2) - Held that:- Disallowance was made by invoking the provisions of 40A(2)(b) of the Income Tax Act on 'estimate basis' for which no reason was given - No reason was given for reduction in the salary by the authorities concerned - Following New Plaza Restaurant vs. ITO [2008 (7) TMI 260 - HIMACHAL PRADESH HIGH COURT] - Estimation is a question of fact - Decided against assessee.
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