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1992 (6) TMI 43 - AT - Income TaxExtract: .......e us. However, at the same time, we see no reason for allowance of higher deduction at 50 as had been done by the ITO. We, therefore, modify the order of the learned Commissioner and direct the ITO to allow 40 of the incentive bonus as deduction and include the net amount after such deduction in the salary income. 9. The appeals are partly allowed.
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