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1986 (9) TMI 115 - ITAT DELHI-BExtract: .......greement, so far as the assessment year in question is concerned. Therefore, the annual charge in terms of section 24(1)(iv) could be said to be only worth Rs. 1,200 and not Rs. 4,500. We hold accordingly. To the said extent, the ITO would allow the assessee s claim under section 24(1)(iv). 7. The department s appeal is accordingly, partly allowed.
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