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Statement 1: Deductions are liberally construed in favor of the taxing authority. Statement 2: Deductions are strictly construed against the taxpayers. O a. Both

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Statement 1: Deductions are liberally construed in favor of the taxing authority. Statement 2: Deductions are strictly construed against the taxpayers. O a. Both statements are true O b. Both statements are false O c. Statement 1 is true but, Statement 2 is false O d. Statement 2 is true but, Statement 1 is false

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