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1998 (3) TMI 196 - AT - Income TaxExtract: .......ovisions of s. 37(4) as well as s. 37(5) and held the expenses to be allowable. We are inclined to agree with the order of the Tribunal, cited supra and direct the AO to delete the sum of Rs. 20,362 out of the income of the assessee as the same is not covered under the provisions of ss. 37(4) and 37(5). 11. The cross-objections are allowed in part.
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