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1985 (5) TMI 41 - HC - Income TaxExtract: ....... but only on condition of the first petitioner depositing, out of his own funds, the amount of tax payable by him as per this judgment and (d) reserving a liberty to the respondents to initiate action against the petitioners in case they discover that the company has paid any part of the tax liability of the first petitioner, as interpreted herein.
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