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1977 (10) TMI 27 - HC - Income TaxExtract: .......roperties should be computed on the basis of the annual municipal value ignoring the actual rent received by the assessee was not acceptable. We accordingly answer the questions referred to us in both the cases against the revenue and in favour of the assessee. The assessee will have the costs of both the references. Advocate s fee Rs. 350 one set.
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