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1989 (7) TMI 46 - HC - Income TaxExtract: .......stock which was hypothecated was Rs. 33,000 or more. In the absence of any evidence on record, there was no reason as to why the assessee s contention should not have been accepted. The contention which was raised by the assessee was a pure question of fact and we see no question of law arising in this petition. The petition is dismissed. No costs.
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