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2008 (8) TMI 898 - HC - Income TaxExtract: .......estion No. 2 is concerned, it is not disputed that the issue raised is covered by an earlier judgment of this Court in CIT v. Mahavir Spinning Mills Ltd. 7. For the reasons stated in Mahavir Spinning Mills Ltd.’s case (supra ), the question is answered against the revenue and in favour of the assessee. 8. Reference is disposed of accordingly.
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