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1984 (12) TMI 39 - HC - Income TaxExtract: .......ighted deduction on Rs. 3,65,875 paid to the Bank of Maharashtra under section 35B(1)(b)(viii) of the Income-tax Act, 1961, is not correct, and further that the Tribunal was not in error in vacating it. In substance, the view taken by the Tribunal appears to be correct. In the circumstances of the case, parties are directed to bear their own costs.
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