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1989 (2) TMI 107 - HC - Income TaxExtract: ....... v. Southern Founders 1979 120 ITR 37 and of the same High Court in C. T. Desai v. CIT 1979 120 ITR 240. Accordingly, we answer the question in favour of the assessee, that is, in the negative, viz., that the Tribunal did not err in allowing deduction of municipal taxes on the purchased plot before it was put to use for business purposes. No costs.
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