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2009 (2) TMI 29 - HC - Income TaxAssessee claimed a set off on account of loss by fire – whether the aforesaid set off of loss, could be claimed by the assessee in A.Y. 1983-84 – revenue contend that the instant loss had taken place during the A.Y 1978-79 - applicant-assessee, did not accept the same as his own loss till the dismissal of the civil suit on 31.5.1982 - held that loss must be accepted to have incurred during the F.Y 1982-83 (A.Y. 1983-84)- revenue should have allowed the deduction of the loss in the A.Y. 1983-84
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