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1993 (7) TMI 117 - AT - Income TaxExtract: .......s. 13,62,499. The main expenditure was salaries Rs. 11,564 and payment to auditors Rs. 5000. The total expenditure was of the order of Rs. 20,000. We would estimate that Rs. 5,000 can be related to earning of dividend income as against Rs. 13,625 adopted by the CIT (Appeals).This ground is partly allowed. In the result the appeal is partly allowed.
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