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1976 (7) TMI 18 - BOMBAY HIGH COURTExtract: .......Rs. 7,500 which was paid to Dr. Mrs. Divekar having regard to the provisions of the indenture of trust was allowable as an admissible deduction in the computation of the income of the assessees as an association of persons. Accordingly, question No. 3 is answered in the affirmative and in favour of the assessees. Each party will bear its own costs.
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