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1999 (8) TMI 20 - HC - Income TaxExtract: ....... the assessee s business, we find no reason to take a different view from that of the Tribunal, even applying the principle laid down in CIT v. H. Holck Larsen 1986 160 ITR 67 (SC). The Tribunal was fully justified in granting the assessee relief under section 54F of the Income-tax Act, 1961. In the result, the appeal fails and it stands dismissed.
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