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1983 (3) TMI 79 - ITAT BANGALOREExtract: ......., in our view, the AAC was completely wrong in holding that the assessee is entitled to the deduction under section 80TT and directing the ITO to treat the receipt of Rs. 1 lakh as income from lottery and allow deduction under section 80TT. We set aside the order of the AAC and restore the order of the ITO. 11. In the result, the appeal is allowed.
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