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1990 (5) TMI 73 - ITAT DELHI-EExtract: .......chits of Rs. 5,68,500 and the commission amounts of Rs. 1,90,095 and Rs. 94,750 being to related to mutuality are therefore outside the ambit of the I.T. Act and hence, neither the expense claimed is allowable nor the income shown to this extent are taxable. The order of the CIT(A) is accordingly set aside. 4.12 In the result, the appeal is allowed
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