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1961 (9) TMI 89 - BOMBAY HIGH COURTExtract: .......rental income of the Borivli property for the year 1952-53, he could not be entitled to such exemption for the years 1953-54 and 1954-55. The question does not survive in view of our aforesaid finding. The answer to the reframed question is in the affirmative. The assessee shall pay the costs of the department. Question answered in the affirmative.
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