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2010 (7) TMI 221 - HC - Income TaxIncome u/s 41(1)- Assessee received refund of custom duty as per order of Bombay High court- This duty was allowed as deduction in earlier previous year- Department added this amount as income u/s 41(1)- Assessee challanged the addition pleading that refund was conditional and will have to be repaid within 60 days if the apex court's order comes against him- The High court decided in favour of the department.
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