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1969 (2) TMI 1 - SC - Income TaxCarry Forward And Set Off - cloth business of the assessee and its business in the general section constituted the same business within the meaning of section 24(2) - conclusion of the Tribunal that the transactions in cloth were part and parcel of a single business carried on by the appellant and did not constitute a distinct business for the purpose of section 24(2), is correct - Assessee's appeal allowed
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