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1964 (9) TMI 57 - HC - Income TaxExtract: .......8,385 was either a bad or doubtful debt in its money-lending business or one representing a loss sustained in the course of its business. The question referred to us will, therefore, be answered in the affirmative and against the assessee, who will pay the costs of this reference. Counsel's fee ₹ 250. Question answered in the affirmative.
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