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2001 (2) TMI 72 - ANDHRA PRADESH HIGH COURTExtract: .......tance. Admittedly and factually the amounts have been advanced to a body which was not recognised and as such this argument has no force. In the circumstances stated hereinabove, we answer the question in favour of the Revenue and against the assessee. However, the assessee shall be at liberty to take any other remedies, if available to him in law.
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