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1984 (9) TMI 42 - BOMBAY HIGH COURTExtract: .......ncome from property is to be invariably computed with reference to the financial year. No provision in the Rules is brought to our attention that so requires. No decision has been cited that so holds. Accordingly, we answer the question in the negative and in favour of the assessee. The, Revenue shall pay to the assessee the costs of the reference.
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