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1998 (1) TMI 513 - ITAT MUMBAIExtract: ....... deduction would be permissible under section 37 within the limits under sub-section (3). Out of the said qualifying amount 20 per cent thereof has got to be disallowed. In this view of the matter, we do not find any infirmity in the order of the CIT(Appeals) in having upheld the disallowance. 21. In the result, appeal of the assessee is dismissed.
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