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1996 (7) TMI 194 - AT - Income TaxExtract: .......e allowed as deduction as a charge against this head of income. Such a reasonable amount may be fixed by the CBDT under its own powers. In this case such an expenditure is claimed at 40 per cent of the gross receipt which, in our opinion, is quite reasonable and has to be allowed as deduction. We so direct. 22. In the result, the appeal is allowed.
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