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1988 (12) TMI 84 - HC - Income TaxExtract: .......issue to be decided in the question that is referred is covered by the decision of this Court in the assessee s own case pertaining to the assessment year 1969-70, viz CIT v. Batliboi and Co. (P.) Ltd. 1984 149 ITR 604. Following that judgment, the question before us is answered in the affirmative and in favour of the Revenue. No order as to costs.
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