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1999 (4) TMI 145 - ITAT PUNE
Extract:
....... of the Revenue. It is now well settled that where two views are possible, the one in favour of the assessee should be taken - CIT v. Vegetable Products Ltd. 1973 88 ITR 192 (SC). We accordingly follow the judgment of the Calcutta High Court and on this count also decide the issue in favour of the assessee. 12. In the result, the appeal is allowed.