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1979 (1) TMI 35 - KARNATAKA HIGH COURTExtract: .......lly put to use for carrying on business during the accounting year by the assessee. This view accords with the view taken by a Division Bench of this court, of which one of us was a member, in Ravi Machine Tools (P.) Ltd. v. CIT 1978 114 ITR 459(Kar). The question referred to us is, therefore, answered in the affirmative and against the department.
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