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1990 (1) TMI 38 - HC - Income TaxExtract: .......gible. However, considering the materials on record and the submissions of the learned lawyers of the respective parties, this court finds that there is no merit in the writ petition. The rule is, accordingly, discharged. All interim orders are vacated. There will be no order as to costs. Stay of operation of the order as prayed for and is refused.
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