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1983 (10) TMI 85 - AT - Income TaxExtract: .......ssing authorities should be satisfied from the audit report. However, they are entitled to verify if they entertain any doubt about the quantum. 13. We direct the AAC to verify the quantum of loss due to embezzlement in the light of what is stated above and allow the same as deduction after due verification. 14. The appeal is, accordingly, allowed.
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