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1993 (2) TMI 4 - SC - Income TaxWhether, on the facts and in the circumstances of the case, the sum of Rs. 1,01,530 provided as bonus relating to the profits of the assessment year 1961-62 was an allowable deduction under section 10(2)(x) - merely because the assessee has made a provision for meeting such a contingent liability, it is not entitled to deduction of the said amount under section 10(2)(x) read with section 10(5)
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