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1977 (7) TMI 4 - PATNA HIGH COURTExtract: .......security for loan, the claim for exemption of the sum of Rs. 29,16,000 as revenue loss or admissible bad debt has to be rejected. The question as reframed has to be answered in the affirmative, in favour of the department and against the assessee. In the circumstances of the case, however, I would make no order as to costs. B. S. SINHA J.--I agree.
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