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1978 (8) TMI 12 - CALCUTTA HIGH COURTExtract: .......ded from its total income in computing its chargeable profits in accordance with cl. (iii), cl. (vi) and cl. (viii) of r. 1 of the First Schedule, whichever may be applicable. Thereafter, the Tribunal will have to diminish from the amount of capital the excess of the cost of such investments over the amount of these funds. C. K. BANERJI J.-I agree.
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