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1977 (12) TMI 6 - RAJASTHAN HIGH COURTExtract: .......gs, leave is hereby granted to the petitioner to issue notice in connection with the advance tax pertaining to the year 1978-79 (accounting year 1977-78). It would, however, be open to the court, after the tax liability has been quantified, to pass such orders as are deemed fit and proper to safeguard the interests of the company and its creditors.
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