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1991 (4) TMI 5 - CALCUTTA HIGH COURTExtract: .......reserve had not been created for meeting an existing or known liability to pay bonus. An amount was set apart as a prudent businessman to provide for an unknown contingency. In that view of the matter, the question is answered in the affirmative and in favour of the assessee. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J.-I agree.
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