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1988 (2) TMI 58 - ANDHRA PRADESH HIGH COURTExtract: .......to the business carried on by the assessee would be liable to be taxed as the assessee s income from business in the year in which the assessee s claim is finally determined by the court. Having regard to the above, we would answer the question referred in the affirmative, that is to say, in favour of the assessee and against the Revenue. No costs.
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