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1982 (10) TMI 67 - ITAT BOMBAY-EExtract: .......tax authorities. In fact this is shown as a liability and included in the sundry creditors in the balance sheet of the assessee. On these facts, we are unable to agree with the revenue that this amount represented any income of the assessee in this year of account. Accordingly, we delete this addition also. 24. In the result, the appeal is allowed.
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