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1981 (6) TMI 45 - ITAT AMRITSARExtract: .......small amount of Rs. 1,412. considering the circumstances of this cases and the facts mentioned earlier. I am inclined to accept the assessee s claim and hold that estimate of expenditure at 40 per cent of the commission income is quite reasonable. The ITO is directed to accept the claim and recompute the assessee s income. 3. The appeal is allowed.
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