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1979 (3) TMI 74 - AT - Income TaxExtract: .......resaid Company. We, therefore, come to the conclusion that the remuneration received by the assessee was therefore assessable under s. 15 of the ITO under the held Salary and consequently the standard deduction under s. 16(1) was admissible as deduction. We direct that the assessment be modified accordingly. 7. In the result, the appeal is allowed.
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