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1978 (12) TMI 39 - ALLAHABAD HIGH COURTExtract: .......bandonment, yet it will not be a gift within the meaning of cl. (c) of s. 4(1) of the G.T. Act, because the finding is that the entire write-off was bona fide. We, therefore, answer the question referred to us in the negative, in favour of the assessee and against the department. The assessee is entitled to his costs, which are assessed at Rs. 200.
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