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1984 (11) TMI 42 - BOMBAY HIGH COURTExtract: ....... to local authority . Certain incomes are taxable. Needless to mention that the respondents are free to issue notices or assess the income on the basis of they being a local authority . There shall, under the circumstances, be no order as to costs. Needless to mention that securities or guarantees, if furnished by the petitioners, stand discharged.
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