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1983 (8) TMI 151 - ITAT MADRAS-CExtract: .......le so as to divert the yearly allowance before it formed apart of the share income, the claim made by the assessee is not tenable and therefore the ITO has rightly rejected the claim made by the assessee. In this view of the matter, therefore, we reverse the order of the AAC and uphold the orders of the ITO 10. In the result, the appeal is allowed.
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