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1988 (1) TMI 8 - HC - Income TaxExtract: .......come liable to tax ? 2. Whether, on the facts and in the circumstances of the case, the Tribunal is correct in holding that the assessee ought to be taxed at a rate applicable to an association of persons and not at the flat rate of 65 per cent. as held by the Income-tax Officer? The applications are disposed of. There will be no order as to costs.
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