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1981 (3) TMI 45 - CALCUTTA HIGH COURTExtract: ....... set off, from the future profits, in such a case, in our opinion, having regard to the reality and the substance of the matter and the scheme of the Act, the question must be answered in the negative and in favour of the revenue. In the facts and circumstances of the case, parties will pay and bear their own costs. SUDHINDRA MOHAN GUHA J.-I agree.
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