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1995 (6) TMI 51 - ITAT CHANDIGARHExtract: .......urce continues, for all intents and purposes such a default disappears as soon as the recipient of the income discharges his principal liability and pays the tax. For that reason also the revenue s appeals deserve to be rejected and are hereby rejected. 17. In the result, while the assessee s appeals are allowed, those of the revenue are dismissed.
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