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1954 (8) TMI 42 - HC - Income TaxExtract: ....... assessee and in favour of the Income Tax Department. In the result I would answer all the three questions referred by the Income Tax Appellate Tribunal against the assessee and in favour of the Income Tax Department. The assessee must pay the costs of this reference. Hearing fee ₹ 250. Anwar Ahmad, J. I agree. Reference answered accordingly.
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