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1987 (10) TMI 37 - HC - Income TaxExtract: ....... is entitled to claim deduction of Rs. 11,839 as a revenue loss and that was rightly allowed by the Tribunal. In the result, the question referred to us is decided in favour of the opposite party and against the Revenue. Let the record be sent to the Tribunal to pass an order conformably to this order under section, 260 of the Income-tax Act, 1961.
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