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1929 (11) TMI 4 - NAGPUR HIGH COURTExtract: .......herefore not an assessee. It is only under the provisions of Section 24(2) that a partner in the firm is allowed to set off against the profits, for which the partnership is liable to pay Income Tax, a proportion of the loss incurred by the firm. Costs will be paid by the Commissioner. Counsel's fee one hundred rupees. Munje, A.J.C. 9. I agree.
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