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1999 (5) TMI 21 - HC - Income TaxExtract: ....... No. 7 of 1997 is concerned, all these four questions would stand answered as per the decision in Income-tax Reference No. 8 of 1996. In other words, the decision in question No. 1 would stand answered against the assessee and in favour of the Revenue. Questions Nos. 2, 3 and 4 would stand answered in favour of the assessee and against the Revenue.
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