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2012 (11) TMI 1289 - AT - Income TaxExtract: .......e considering the volume of dividend income and investment made by the assessee. Hence, we restrict the disallowance to ₹ 50,000 as against ₹ 18,81,658 sustained by ld CIT(A). therefore, Ground Nos.15 to 18 are allowed in part. 27. In the result, appeal of assessee is allowed in part. Pronounced in the open court on 16th November, 2012.
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