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1988 (11) TMI 65 - HC - Income TaxExtract: .......be taken into account as perquisites for the purpose of section 40(a)(v) of the Income-tax Act, 1961 ? Counsel are agreed that in view of this court s decision in the case of CIT v. Indokem Pvt. Ltd. 1981 132 ITR 125, the question has to be answered in the affirmative and in favour of the assessee. The question is so answered. No order as to costs.
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