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2001 (8) TMI 69 - CALCUTTA HIGH COURTExtract: .......h has not been recovered as capital loss. In fact, it is a loss of revenue, not capital. In the result, we answer the question in the affirmative, i.e., in favour of the assessee and against the Revenue. Reference so made stands disposed of accordingly. All parties are to act on a xeroxed signed copy of this dictated order on the usual undertaking.
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