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2008 (3) TMI 716 - HC - Income TaxExtract: ....... held that the amount given in advance for the purchase of plant and machinery amounts to utilisation of amount in the year advance was given for the purpose of clause (b) of section 32AB. 10. In view of the above, the question referred is answered in favour of the assessee and against the revenue. 11. In the circumstances, the appeal is dismissed.
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