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1975 (6) TMI 6 - HC - Income TaxExtract: .......of necessity this liability can be met out of this reserve. Hence, we are not impressed by the observations of the Tribunal made in this behalf. In this view of the matter, we return our answer in the negative and in favour of the assessee. In the facts and circumstances of the case, we do not propose to make any order as to costs. DEB J.--I agree.
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