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1991 (3) TMI 69 - HC - Income TaxExtract: .......nd their firm, free of interest, are quite substantial and that it was a continuing course of conduct and not an isolated transaction. In such circumstances, the principle of the said decision clearly applies. Following the same, we answer question No. 2 in the negative, i.e., against the assessee and in favour of the Revenue. No order as to costs.
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