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1997 (4) TMI 110 - AT - Income TaxExtract: .......sons mentioned in the foregoing paragraphs, we hold that the authorities below were not justified in bringing to tax the refund of Rs. 12,01,757 by invoking the provisions of section 41(1) of the Act. Accordingly, we quash the orders of the Assessing Officer and the CIT(A) on this point delete the addition. 13. In the result, the appeal is allowed.
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