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1978 (11) TMI 18 - CALCUTTA HIGH COURTExtract: .......e provision of Rs. 9 lakhs in this particular case is to be treated as a reserve for the purpose of the Surtax Act, 1964, and the Explanation to r. 1 of the Second Schedule to the Act. In that view of the matter, we answer the question in the affirmative and in favour of the assessee. There will be no order as to costs. DIPAK KUMAR SEN J.--I agree.
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