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1979 (6) TMI 80 - ITAT JAIPURExtract: .......T(6). 6. Looking to aforesaid facts, in my opinion, the finding of the learned AAC is not correct. There was no cessation of liability in respect of the amount in question. So, the amounts in question could not be added as income of the assessee in the year of account. Accordingly, the additions are deleted. 7. In the result, the appeal is allowed.
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