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1989 (3) TMI 39 - HC - Income TaxExtract: .......on the facts of this case, that the amount which originally formed part of the circulating capital of the assessee had been brought into the capital account by the assessee. In that view of the matter, question No. 4 is answered in the negative and in favour of the assessee. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J. -I agree.
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