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2000 (6) TMI 19 - HC - Income TaxExtract: .......ase of V. V. Trans-Investments (P.) Ltd. v. CIT 1994 207 ITR 508relied upon by the Tribunal has been set aside and the view taken by the Supreme Court as quoted above, the order dated March 14, 1997, passed by the Income-tax Appellate Tribunal is incorrect and the reference is answered in the negative. There would, however, be no order as to costs.
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