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2004 (6) TMI 260 - AT - Income TaxExtract: .......at the assessee was partner and managing director of the companies and having a very high status, but no withdrawal has been shown for household expenses. Therefore, keeping in view the totality of the facts and circumstances, we restrict the addition to Rs. 50,000. 17. In the result, the appeal of the Revenue is allowed in part as indicated above.
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