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1979 (2) TMI 11 - HC - Income TaxExtract: .......ocation of managing agency remuneration. The questions are, accordingly, answered as follows The first question is answered in the affirmative and infavour of the assessee. The second question is answered in the negative and the proper amount will have to be worked out in the light of what we have observed above. There will be no order as to costs.
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