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1981 (8) TMI 10 - HC - Income TaxExtract: .......the computation of its income from the assessment year 1969-70. The Tribunal, in our opinion, was, therefore, wrong in allowing the aforesaid claim of the assessee for the assessment year 1969-70. In the result, we answer question No. 3 set out above in the negative and against the assessee. Reference answered accordingly with no order as to costs.
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