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1989 (2) TMI 29 - HC - Income TaxExtract: .......in favour of the Revenue and against the assessee. No costs. Referred Case No. 177 of 1985 In this case, the question referred to has to be answered in the negative, that is, in favour of the Revenue and against the assessee following the decision in Torson Products Ltd. v. CIT 1988 173 ITR 611 (AP). The reference is answered accordingly. No costs.
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