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1978 (11) TMI 42 - CALCUTTA HIGH COURTExtract: .......iness of the company. If the directors are experienced in business, their experience cannot be ignored at all in considering the legitimate business needs of the company. We, accordingly, answer the question in the affirmative and in favour of the assessee. We, however, do not propose to make any order as to costs. SUDHINDRA MOHAN GUHA J.--I agree.
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