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2001 (2) TMI 281 - ITAT DELHI-BExtract: .......esent case and the wealth-tax amounting to Rs. 1,55,820 paid by the assessee in pursuance to s. 40 of the Finance Act, 1983, was admissible for deduction. 9. In the above view of the matter, we direct the AO to allow deduction of Rs. 1,55,820. 10. Grounds No. 2 and 3 were not pressed by the assessee. 11. In the result, the appeal is partly allowed.
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