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1989 (9) TMI 44 - BOMBAY HIGH COURTExtract: ....... assessee s sister concerns, is not a benami concern of the assessee. In the circumstances, the mere fact that Jalan Trading Company, in turn, actually incurred an expenditure of Rs. 4,57,150 has no relevance to the question before us. Accordingly, we answer the second question in the affirmative and in favour of the assessee. No order as to costs.
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