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1988 (12) TMI 93 - BOMBAY HIGH COURTExtract: .......n the Supreme Court case. There is no suggestion that the company is being wound up or there is any possibility of its being wound up in the near future. Under the circumstances, we have no hesitation, following the Supreme Court decision, in answering the question in the affirmative and in favour of the assessee and we do so. No order as to costs.
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