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2003 (1) TMI 51 - RAJASTHAN HIGH COURT"Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that in a protective assessment returned income should be accepted and any addition proposed to be made, should be made only where the substantive assessment is framed?" - we answer the question holding that once the income shown in the name of the firm, Taj Oil Trading, is assessed and taxed in the hands of Chula Ram there is no question of taxing the same income or any addition in the hands of the present assessee-firm.
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