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1999 (6) TMI 55 - AT - Income TaxExtract: .......by the counsel for the assessee as referred to supra, ratio of these have been found to be applicable in this case and besides that, our view is further fortified by Bombay High Court s decision in the case of CIT v. Vijay Flexible Containers 1990 186 ITR 693/48 Taxman 86. 28. As a result, appeal of the assessee gets partly accepted in above terms.
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