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1991 (2) TMI 99 - HC - Income TaxExtract: .......y, it was entitled to set up a new unit for manufacture of strawboard. In this case also, it is found by the Tribunal that the partnership deed empowered the partners to carry on any other business if they so desire. Accordingly, the question referred is answered in the affirmative, i.e., in favour of the assessee and against the Revenue. No costs.
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