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2002 (2) TMI 329 - AT - Income TaxExtract: ....... interlinking of the funds of branch office and the head office. The management and accounts are common for both the units. Therefore, the AO is directed to allow deduction of expenses of Rs. 2,64,360 incurred for continuation of business in branch office. The order of the CIT(A) is reversed to this extent. 12. In the result, the appeal is allowed.
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