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1988 (12) TMI 79 - HC - Income TaxExtract: .......r, the respondent herein is directed to carry forward the unabsorbed business loss of Rs. 18,041 and set off the same against the business income of the petitioner in the assessment years 1970-71 and 1971-72, in accordance with law. Accordingly, the two writ petitions filed by the petitioner are allowed with costs of Rs. 500. Counsel s fee one set.
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