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1991 (7) TMI 144 - AT - Income TaxExtract: .......doubt against the assessee. It is, however, well settled that the view favourable to the assessee should be followed. In the instant case on the facts of the case, the assessee rsquo s claim for loss was allowable in view of the aforesaid decision of the Andhra Pradesh High Court. 5. In view of what has been said above, the appeal stands dismissed.
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