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1980 (5) TMI 56 - ITAT COCHINExtract: .......will be equally applicable. 15. For the above reasons, I hold that the assessee is entitled to the deduction of Rs. 65,026, it being not disputed that these outstandings had become bad and irrecoverable during the relevant previous year. The assessment will be modified in accordance with the above findings. 16. In the result, the appeal is allowed.
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