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1981 (4) TMI 135 - AT - Income TaxExtract: .......in respect of the income from the lodge, there is no justification for estimating any income higher than what has been shown by the assessee. In these circumstances, the net income of Rs. 8,942 declared by the assessee should be accepted. The addition of Rs. 5,000 as upheld by the AAC is, therefore, deleted. 6. In the result, the appeal is allowed.
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