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1961 (11) TMI 83 - HC - Income TaxExtract: .......t of any income which could be brought within the scope of section 24 of the Act. It follows that there could be no computation of a loss under such circumstances or its carry forward under section 24(2). 16. We answer the questions against the assessee. The assessee will pay the costs of the department. Counsels fee ₹ 250. Order accordingly.
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