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2012 (7) TMI 1131 - KARNATAKA HIGH COURTExtract: .......ipts. In view of the afore said decisions, the question of law is answered in favour of the revenue and the matter is remanded back to the Assessing Authority to redo the assessment as per the law laid down by the Supreme Courtin the case of ACG Associated Capsules Pvt. Ltd. &Commissioner of Income Tax. Accordingly, the appeals are disposed of.
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