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1994 (1) TMI 21 - HC - Income TaxExtract: ......., as found by the Tribunal, are genuine and referable to the running account the assessee had with the two creditors and covered by cheque payments as well. In view of this undisputed conclusion of the Tribunal, we answer the first question referred to us also in the affirmative and against the Revenue. There will be, however, no order as to costs.
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