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1966 (10) TMI 152 - HC - Income TaxExtract: .......come-tax Officer during the course of the assessment proceedings taken against the Hindu undivided family in respect of this very sum of ₹ 24,500. For the reasons given above, we would answer the question referred in the negative and in favour of the assessee. The department will pay the costs of this reference which we assess at ₹ 250.
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