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1999 (6) TMI 53 - AT - Income TaxExtract: .......aterial on record brought to our notice to hold otherwise. The stand on the part of the assessee is duly supported by the case law relied upon by the ld. counsel and duly adverted to m the earlier part of this order. In the final analysis, the addition sustained by the CIT(A) at Rs. 18,24,550 stands deleted. 9. In the result, the appeal is allowed.
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