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2000 (2) TMI 36 - BOMBAY HIGH COURTExtract: ....... investment in units made by the assessee was in furtherance of a business activity of an assessee-company and no fault can be found against the assessee for expanding its business, rather than declaring dividends. In the circumstances, we do not see any reason to interfere with the finding of fact recorded by the Tribunal. Appeal stands dismissed.
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