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2006 (1) TMI 615 - HC - Income TaxExtract: .......was regular assessed under the Income-tax Act as well as under the Wealth-tax Act. In view of the above we find no illegality in the order of the Tribunal. 6. In the result we answer the afore-mentioned question of law referred to us in affirmative i.e., in favour of the assessee and against the revenue. There will be, however no order as to costs.
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