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2001 (8) TMI 85 - HC - Income TaxExtract: .......w progressive increase and in a failing business it may begin to wane. (see CIT v. B. C. Srinivasa Setty 1981 128 ITR 294 (SC)). Considered on the above basis, the factual conclusions of the Tribunal cannot be held to be irrational. Therefore, the questions referred are answered in the affirmative, in favour of the Revenue and against the assessee.
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