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2011 (1) TMI 1328 - ITAT MUMBAIExtract: .......ing decided in Bhaumik Colour P. Ltd. 313 ITR (AT) 146 (SB) (Mum) was upheld by the Hon'ble Bombay High Court in the case of Universal Medicare Pvt. Ltd. 324 ITR 263. Consequently the order of the CIT(A) is upheld. Revenue’s ground is rejected. 8. In the result, appeal is dismissed. Order pronounced in the open court on 19th January 2011.
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