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1988 (8) TMI 54 - GAUHATI HIGH COURTExtract: .......ld that there is the possibility of such an interpretation as suggested by the assessee. In our understanding, section 40(c) is not capable of any interpretation except in the manner answered by the Income-tax Appellate Tribunal. Therefore, we answer both the questions in the affirmative, in favour of the Revenue and against the assessee. No costs.
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