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1960 (12) TMI 94 - MADRAS HIGH COURTExtract: .......d by the decision of this court in M.L.M. Muthiah Chettiar v. Commissioner of Income-tax 1959 35 ITR 339. The formula adopted by the Tribunal in giving relief to the assessee is in accordance with that decision. Following that decision the question is answered against the department and in favour of the assessee. There will be no order as to costs.
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