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1993 (3) TMI 128 - AT - Income TaxExtract: .......f the decisions and in several decisions under said provision, additional income-tax could not be levied in those cases where finally assessed amount was a loss. This provision is sought to be amended by recent legislation but no similar amendment appears to have been contemplated in Expln. 4 to s. 271(1)(c) of the Act. 17. The appeals are allowed.
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