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1978 (11) TMI 8 - HC - Income TaxExtract: ....... but in view of the decision of this court in Sri Ram Mahadeo Prasad the net amount paid by the firm to its partners alone is disallowable. In view of these decisions, we answer the question referred to us in the affirmative, in favour of the assessee and against the department. The assessee will be entitled to costs, which are assessed at Rs. 200.
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