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1990 (2) TMI 10 - CALCUTTA HIGH COURTExtract: .......m, because they were their accumulated profits arising from the firm itself and because of their interest in the firm as persons admitted to the benefits of the partnership. In that view of the matter, the question is answered in the affirmative and in favour of the Revenue. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J. -I agree.
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