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1971 (12) TMI 47 - AT - Income TaxExtract: .......er debiting the amount to profit and loss account, the assessee credited the bonus in the accounts of the employees and there is evidence to indicate that the bonus had been paid. Thus the addition of Rs. 840 as had been disallowed by the AAC can not be said to be appropriate and hence we delete the addition. 7. In the result the appeal is allowed.
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