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1981 (9) TMI 96 - CALCUTTA HIGH COURTExtract: .......trictly applicable. In the premises we are of the opinion that this was not a reserve which was freely available to the company for future use and, therefore, we would answer the question in the negative and in favour of the revenue. In the facts and circumstances of the case, the parties will pay and bear their own costs. C. K. BANERJI J.-I agree.
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