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1962 (3) TMI 80 - HC - Income TaxExtract: ....... case, the entire amount of loss related to the trading period from January 1, 1951, to December 31, 1951, as computed by the Income-tax Officer should be allowed in the hands of the assessee company?" must be in the negative and against the assessee who must pay the costs of this reference. LAIK J.- I agree. Question answered in the negative.
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